BitcoinExpress on Nostr: Long term #Bitcoin will not be fulfilling its full potential if people don’t spend ...
Long term #Bitcoin will not be fulfilling its full potential if people don’t spend their 🌽
#Bitcoin having a max supply allows it to be a deflationary asset. It’s value in relation to commodities is trending downward, this turns into that hodl mentality. If majority of folk who own Bitcoin only hodl and not spend it, then it’s validity to be a currency is decreased.
#Bitcoin having a max supply allows it to be a deflationary asset. It’s value in relation to commodities is trending downward, this turns into that hodl mentality. If majority of folk who own Bitcoin only hodl and not spend it, then it’s validity to be a currency is decreased.