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Board Press
Re: [2019-10-26] Crypto Owners in US Have Risen 81% YTD
by
figmentofmyass
on 28/10/2019, 21:03:25 UTC
Also, what type of owners are they? Real users that use their bitcoins as currency or are they only speculating that the price will increase next year and sell to hold fiat?

those are both "real" users. bitcoin is a form of money, not simply a payment rail---savers are just as legitimate as spenders in this economic model.

if bitcoin's network was limited only to those who frequently spend, it would be worth exponentially less than now. by the same token, if no one ever spent bitcoin at all, they would be worthless since the network relies on transaction liquidity.

this is yin and yang. no need to hate the speculators.......