HODL’rs Are The Founding Fathers And Mothers Of Bitcoin
Hey Jessatoshis
I've been a HODL'r for many years, I haven't sold Bitcoin in years, I don't plan on selling it, and even if I did, it's such a mission to get it out of cold storage by the time I get it out it would be a waste of time to catch whatever pump there is, to me all these ups and downs are pointless. I only care about the downs to secure more satoshis for my shitty fiat I can earn.
Bitcoin has been on a rampage since its $3000 lows after the last bull runs, peaking out at over $65 000 before retracing and kissing that $30k line. To seasoned Bitcoiner like myself didn't make an inch of a difference, apart from me jumping in several times to catch these dips.
But I realise for others this is a rip and dip that can sour their experience of Bitcoin, or worse, rek them completely.
Bitcoin is a HODL'rs game
Bitcoin, to me, is going through the adoptive stages of money. First, It was a fun collectable, and most things stop there. Then as it grew, it became a store of value; many are hoping it will become a medium of exchange in the future. They see this as Bitcoin fulfilling its promise and potential, which is what many HODL'rs want too.
Instead of having to convert your Bitcoin into fiat to spend it, being able to spend your Bitcoin directly will unlock boundless possibilities for e-commerce and local commerce.
But that dream is still a way away; Bitcoin still needs to reduce its volatility by many factors before it has the stability to be a medium of exchange.
This is where HODL'ers come in; as more supply is clawed off the market, the price moves up, the more the price moves up, the more people come in.
The more people come in, the more distributed the currency becomes, the more distributed the currency becomes, the more liquidity.
The more liquidity and the larger the market cap, the easier it becomes a medium of exchange.
Shitcoin holder's don't understand this process, and when Bitcoin does reach this next phase, in the 100 - 200 trillion market cap, it will all make sense.
Trying to be decent money in an indecent time
Most people have never had decent money, and Bitcoin is trying to be decent money in a time of indecency. So it looks ugly, it looks stupid, it looks clunky because it's following the path that no one dared to follow.
It's not the money we deserve, but the money we need, the silent guardian of our purchasing power, a watchful protector of those who adopts it.
HODL'res realise this; they are those who are willing to take the hits, they are willing to be unpopular, they are willing to lose money short term on paper. They are willing to make sacrifices; that's what the founding fathers had to do when they moved to the new world.
Bitcoin is the new world for all of us, and HODL'rs are the ones laying the foundation and making the unpopular decisions that will become common knowledge shortly.
I hope I am alive for the day that thinking like a Bitcoiner, actually becomes common sense.
Have your say
What do you good people of HIVE think?
So have at it, my Jessies! If you don't have something to comment, "I am a Jessie."
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