I love Andreas Antonopoulos. Having said this, he recently said something in one episode of his podcast that surprised me. He was talking about living on Bitcoin and he said that he HODLs his BTC and basically spends only USD. He gets paid in all different fiat, and he spends this fiat for his daily life. When he can, he buys more BTC and HODL.
While I understand that many of us HODL, isn't this just wrong for the future of BTC. First, Satoshi created BTC as a currency. It is intended to be spent. Second, if everyone HODL and nobody spends BTC, isn't this becoming just a pyramid scheme?
The way you use Bitcoins is almost completely dependent on you, if you do decide to Hold or if you decide to use it as a currency, it's all your decision and therefore at the end of the day if the person is holding it, it's not making it a pyramid scheme, the person is just investing like any other form of investments, when you hold stocks, when you hold gold, it's still the same isn't it now? Therefore we cannot really put the blame on bitcoins now. What we do have to see is how living on Bitcoins can be seen from different angles, some people can use fiat while keeping bitcoins as an investments and there is this family living on Bitcoins, travelling using bitcoins ( you can read about it here :
https://www.google.com/amp/s/www.cnbc.com/amp/2021/08/11/bitcoin-family-hides-bitcoin-ethereum-and-litecoin-in-secret-vaults.html )
Therefore there is not one right answer, it's how you decide to live your life, which I do believe is extremely personal and is not wrong. As long as they are not using Bitcoin for all the wrong reasons and for the illegal things, I do think it's more or so good.