Post
Topic
Board Bitcoin Discussion
Re: BTC never for sale?
by
tabas
on 20/05/2024, 22:06:47 UTC
If you have 10 gold bars and you don't sell them in your lifetime and you exchange them for the things you need to live on and you pass them on to the next generation that's an inheritance of culture rather than a manifestation of value
And the same goes for BTC, if you don't sell it, you retain the value of it and because of it having a limited supply. The value of it is being reserved so, if you love yourself or your family and you chose to use it as an inheritance then you're simply applying the use of it as a store of value because you know that in the future the value of it will be bigger.

We can understand and learn the culture of BTC and even develop it again. However, as a virtual currency, BTC is valuable and meaningful only when it begins to circulate, rather than being placed in the home like an old antique for future generations to admire
You're right, you're contributing to the ecosystem of it when you're also part of the circulation and you spend it. But change is within the ecosystem that many of us have realized that the power of BTC as a store of value is more valuable than of being used to spend it to anything you want and use it as a currency. No one stops us from using either of it because they're contributing to the actual economy of Bitcoin. And as a holder of it, you are the one to determine where and when you want to spend it, no one will kick you down to spend your holdings. We're not as big as the institutions that they are free to dispose it anytime they want and that's why we're giving importance to what we have and the decision that we'll in the future is going to determine a big change for our lives.