Ha! What a joke

Without HODL there is nothing nostr:note1jqgjylkgmftqrc9wgcpr4p6tj0e3ynmefmsfznsm9vgsejgcclastkvscc

People don’t understand the progression of how something becomes money:

1) Store of value: people hodl something because they believe it will best preserve their purchasing power over time.

2) Medium of exchange: eventually most of their savings are in it so they’re forced to trade for other things. Sellers start accepting it for goods and services.

3) Unit of account: eventually everyone is using it for trade and sellers prefer it so they start pricing their goods and services in it.

You can’t ignore the hodl stage. It’s the foundation of everything else.