#bitcoin ‘s watershed moment, imho, was the 10 000 btc pizza purchase. I doubt it would have gotten this far had that not happened, it was designed as a p2p electronic cash system after all. nostr:note1tax5j07he0q0pwv2u30cwvflhtjwj7xa5tp8yvg8nrn96rkkrncsfhllc3
Discussion
It is one of those memes that overshoot.
The Hodl meme started as not trying to trade the ups and downs of #Bitcoin.
It changed for many to "Hold On for Dear Life".
To just "never sell" which doesn't make much sense.
Spend and replace makes perfect sense (while one has fiat).
Once you can retire on #Bitcoin what would be the reason not to spend some or most of it ?
I couldn’t agree more with this! Money must circulate freely as a medium of exchange for it to be a great SOV. Hodling to infinity doesn’t anyone any good.
Yes !
For those who understand #Bitcoin is in the value discovery phase I can understand the extreme HODL mentality since it will be a limited time with unprecedented returns.
But to die, poor or not having done what one would have loved to do, just for being able to leave more wealth to your potential offspring, is noble but I ain't that 'perfect'.
🤝🫡 no truer words have been spoken. The whole premise of btc is money that can’t be debased so that your time isn’t devalued by the money printer. It’s a hack to buy back time and yes that includes an aspect of passing it on to the next generation but at the end of the day, you get to enjoy the present too because life gets cheaper over time in btc terms which means the value of your time increases over time and that can be enjoyed with those you love. Spend -> hodl-> replace. Both can work together