Post
Topic
Board Bitcoin Discussion
Re: To the people who only see the downsides of HODLing Bitcoin
by
betswift
on 27/08/2024, 07:34:36 UTC
If we hodl and do nothing, no good or service will be created and it will kill Bitcoin, hodling won't magically make it go to the moon.

I disagree, because I don't think most people actually use bitcoin to buy things, i.e., treat it like money--and yet here we are 15 years after its creation and it's value has skyrocketed and it's become about as mainstream as it's going to get.  So even if nobody spends it, it can still function as an asset like gold, a stock, or whatever.  And if I was back in 2010 looking at bitcoin's price today, I'd say it's already arrived at the moon.

And it won't stop there, the cycle would repeat itself, in my opinion. With BTC becoming even more mainstream and going to the Moon for us, people who are reading this at the moment Grin