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?
There are always people who spend. Also, many people trade rather than hodl. As for those that hodl, they might be waiting for the time when they can properly spend it, so it's not a scheme in any way. I also intend to move to this approach of spending fiat and keeping BTC when I can, but I would love to be able to spend it as money, and I believe in it as a currency. Perhaps Andreas also wants to wait till more adoption. Or maybe he thinks the price isn't high enough, so it makes sense to him to wait longer and thus increase the purchasing power.