And to be honest I don’t like the concept of HODLING because it is a CRYPTOCURRENCY not a CRYPTOASSET, assets are meant to be hold and not currencies, Do you store use no right you spend them on things you love and buy it and that makes a country’s economy stable because their currency is trading each and every day, use, yen, euro, etc are regularly circulating and no on is holding it.
Read Gresham’s law, the law states that bad money drives out good money, what this means is that if there are two forms of money and one is a store of value while the other is not then the people are going to keep the one that holds value and keep using and spend the one that losses it, there are many examples of this going as far back as Athens, this is what is happening, people are not using bitcoin as a currency not because it is lacking but because it is too good for that purpose right now.