B1tR0y on Nostr: I feel as though there's a huge myth that needs to be addressed in the #Bitcoin ...
I feel as though there's a huge myth that needs to be addressed in the #Bitcoin community. The myth that I'm referring to is the one that suggests that in order for Bitcoin to be useful or to succeed that one must spend their Bitcoin. That rumor couldn't be further from the truth in my opinion. The whole value proposition of Bitcoin is supply and demand so therefore as the dollar cost averaging army grows and folks continue to stack and hold in cold storage, we win that fight. And what we win is the separation of state and currency which effectively means that we have bought our freedom. Typically one would say that you can't put a price on freedom but in this case it looks as though you actually can.
Published at
2023-02-24 00:59:21Event JSON
{
"id": "6e9cf21a8f6e95656ecd1aca38b52970553790c7fe9badca367cb4ca08d1fdcd",
"pubkey": "294fa9e6631bd404d39b3e4d5712e135e6f4d8b4c37e7f9dd7912c7af11e354a",
"created_at": 1677200361,
"kind": 1,
"tags": [],
"content": "I feel as though there's a huge myth that needs to be addressed in the #Bitcoin community. The myth that I'm referring to is the one that suggests that in order for Bitcoin to be useful or to succeed that one must spend their Bitcoin. That rumor couldn't be further from the truth in my opinion. The whole value proposition of Bitcoin is supply and demand so therefore as the dollar cost averaging army grows and folks continue to stack and hold in cold storage, we win that fight. And what we win is the separation of state and currency which effectively means that we have bought our freedom. Typically one would say that you can't put a price on freedom but in this case it looks as though you actually can.\n\nhttps://i.imgur.com/ysImLqz.jpg",
"sig": "2a41af7ea87542c2f3685e14ea5e427550ee23889e9effe6930cc0adcc48d8ce8322940ee9412fc8e09313c2b56df72a8ab77115213b88abe95d65ddf4622c1c"
}