Who is 'we'?

I don't cheer them, and definitely not for piggyriding. And I didn't say 'piggyriding on me'.

I admit they bring the value to Bitcoin adoption for being so open about their strategy and providing lots of education and example for institutions. I bet there are some others that do it in the shadow, maybe even publicly shaming on Bitcoin, while buying, holding and expecting the price and technology to grow without their effort.

If "only Hodlers" suddenly change their mind, it will only confirm they were piggyriding, regardless the side effect impact on adoption - which might actually be negative in such situation.

I understand that the value you imply by that thought experiment, is that piggyriders increase scarcity (let's get some of those bitcoin, let someone else develop, promote and use it), which drives the price up...?

Great value 😅

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Sorry for not much affirming answers above