Post
Topic
Board Bitcoin Discussion
Re: Why no simple service for HODLing Bitcoin?
by
adzino
on 13/04/2022, 02:58:04 UTC
Hi exhodlers,

I know many of you wish not selling early your BTC. This is very common story, I wish I hadn’t sell my bitcoins for cheap X years ago. Now it would be worth Y millions of dollars. I have idea for new coin/token:

We create smart contract for HODLing bitcoin for 5 years (that’s rough number, could be anything). For users who send their BTC to the smart contract, some new token or coin would be given. Tokens have their tokenomics, the whole thing is DAO with voting, stakings, farmings etc. For HODLers NFTs can be generated to create community thing.

Anyone interested in participating the project? Call it HodlCoin
Lol, after selling when the price would be Y million of dollars, you would be saying the same. "I wish I hadn't sold because it would have been Y billions of dollar". We don't need another useless project where your coins will be locked. If you are investing, then you should be able to do hold and do everything on your own instead of relying on something or something else. The project you are talking about has a lot of risks. Imagine people locking thousands of BTC and then the developers stealing them all.