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?
I think not all people will hold their bitcoin and not sell it when the price increases so high. Besides that, bitcoin is not yet fully adopted in all countries and many contradictions about using bitcoin in many countries.
If you check on the exchanges, many traders buy and sell bitcoin because they want to make a profit in fiat and send their profit into their bank accounts. Maybe in this way, bitcoin can be an investment or a commodity in the digital world so people can use bitcoin to trade and make money. It will be almost the same as the stock in the stock trading.