All this FTX paper bitcoin is maybe showing that memeing "hodl!" into existence is now creating more harm than good.
Newcoiners stop at buying at exchanges and then drag their feets (they "hodl", they think).
Meanwhile, there was no bitcoin bought, and NGU doesnt work that way (look at gold).
Also, we now have new (fun) usecases for bitcoin, that didn't exist before, perfect for noobs.
Also, it's time to jumpstart a circular economy.
I'm retiring "HODL!" 🫡
This new territory âš¡