Post
Topic
Board Bitcoin Discussion
Re: To the people who only see the downsides of HODLing Bitcoin
by
Mpamaegbu
on 26/08/2024, 10:24:48 UTC
Bitcoin is a movement that attracts "The Cabal" to where the people are.
Just like ants get to sugar, capitalists also get attracted to whatever that makes them money. Don't begrudge the rich/cabal when you see them behave likewise. It's business sense. No one likes to lose money or invest in something unprofitable.

Quote
Currently, we now have Black Rock and the largest asset managers having investments in Bitcoin, and Trump and other politicians talking seriously about Bitcoin. Ten years ago suggesting that that would happen would be laughable.
Well, what makes your submission unbalanced is the fact that it's suggestive that those who hedl made Bitcoin what it's today. Nah, that's not true. In actual fact, the activities of those who bought and sold (sellers) are what gave (and is giving) Bitcoin its value. The true value of any goods isn't known until it's exposed to the activities of sellers and buyers.