Post
Topic
Board Bitcoin Discussion
Re: If everyone is hodling, how can bitcoin be used for mass adoption?
by
davis196
on 03/06/2019, 16:55:26 UTC
Seeming as everyone is hodling, how do we plan to bring bitcoin to mass adoption? No-one wants to spend it, incase of the price going up and loosing out. Yet on the  other hand, we want mass adoption. Chainalysis reports suggests  only 1.3% of transactions are payments in 2019, that's less than 2017.

Here is a video from my YT channel, covering the topic in more detail.



https://youtu.be/C17-TpYxQwY

If the price crashes,everyone will stop hodling,but everyone that hodls will lose.
That's why a stable price with low volatility is the ultimate step towards mass btc adoption.
Unfortunately it's impossible to have a stable btc price.