I don't think the hodl stage ever ends. That is kind of the point of a fixed supply. I get paid and I don't need to rush to get that spent on some asset before it is inflated away. I just keep the thing I got paid in forever or until I need or want to buy something.

In today's terms, 10% bare minimum of income still goes to rainy day / retirement multi-sig. Most incoming stays on something like a tapsigner for groceries and such and gets spent.

The purpose and drives of an individual and an organization are different for evolutionary reasons. Samsung could kill apple by out innovating and out earning. My neighbor can't do that to me the individual. That means I can just save and be fine as long as I use hard money. Apple must invest in new tech, or new markets or someone else can and will drink their milkshake. Saving more than a small amount relative to revenue hurts their chances of long term survival. For me, larger savings increase my chances of survival and thriving.