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Replying to Avatar 2Pac

Most “hodlers” are also accumulating more are they not? And to accumulate you have to transact on chain. There are also points at which it is advantageous to spend some of the capital to improve one’s life. Or you hear of hodlers consolidating UTXOs which is another transaction. I don’t think there are many that just have old coins and just sit on them without accumulating, sellin to buy things, or consolidating. So I don’t see how the network just stops being used. Because everyone is just hodling seems extreme.

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Laeserin 11mo ago

Also have to think about the fact that more people transacting means more transactions, even if the Bitcoin sum remains the same.

There's more monetary velocity, if ten persons buy one pair of shoes, than if one person buys 10 pairs of shoes.

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