ericfj on Nostr: The paradox is if they do the forced shitcoin scenario plus hoarding (which you can ...
The paradox is if they do the forced shitcoin scenario plus hoarding (which you can obviously see happening already) then they actually hurt the value of their stash long term. Like falling on their own sword. But they don’t see that - yet.
Yes there’s a limited incentive to spend vs hodling, but
2PacStackur (npub150q…en2h) made a decent response to that already. I would add / argue there’s also an incentive to be paid in BTC which “pulls” spending.
Published at
2025-02-03 21:16:37Event JSON
{
"id": "9111fdda093a198e5aa0f26210bd72aaaf0e5bbf80a808eb2216dee7d448923b",
"pubkey": "7999814161743f2279006ab10cfd83bd33adff23c85e5d9d0949fdd60f8f1901",
"created_at": 1738617397,
"kind": 1,
"tags": [
[
"e",
"db95c16a28d6ffe32504d90906372a9e55dfcd91d008cf9ca784d7ec868080c3",
"",
"root"
],
[
"e",
"9aed3644dde0198e4c2c7ee98db19c299815668a7608f1fbd8092d6c2792e6a8",
"wss://feeds.nostr.band/lang/en",
"reply"
],
[
"p",
"f985d309197c805e1719c73185b574fc3ee407d7c1b6157dee99c6ace2599bbb"
],
[
"p",
"a3c1a5ceda8b86b7cb64d5d6af58fc787ba400f2912b907969d27547f96545d0"
]
],
"content": "The paradox is if they do the forced shitcoin scenario plus hoarding (which you can obviously see happening already) then they actually hurt the value of their stash long term. Like falling on their own sword. But they don’t see that - yet. \nYes there’s a limited incentive to spend vs hodling, but nostr:npub150q6tnk63wrt0jmy6ht27k8u0pa6gq8jjy4eq7tf6f6507t9ghgqnnen2h made a decent response to that already. I would add / argue there’s also an incentive to be paid in BTC which “pulls” spending. ",
"sig": "f1c29f43f15f3340a5499973569fb3eb05f1750683c63857dcd24e0aa2594080252fc91dc8ea683b69c897b3fe8214ca04fe99bfb5da817330fdd8b513dbc334"
}