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@ Jordan S
2025-05-24 09:22:08
Markets require both supply, and demand.
If there's no supply then a market can't be made.
If everyone HODLs bitcoin then there will be no supply to provide for demand, if someone sells Bitcoin to satisfy this demand then he wouldn't be a "HODL'er".
Given enough time without a market people would seek another market where supply could be acquired eventually leading to less buyers, and more sellers of Bitcoin.
And further more the value of Bitcoin can only be true once realized, if you don't sell then you're only hypothetically worth that much.
And depends if you're in the fiat or bitcoin Denomination camp.
Bitcoin can only become a valuable money if people use it for goods, and services.
So either way you're either stuck with something that's hypothetically worth a lot of fiat, or you're stuck with something you can use but you're not HODL'ing.
Spending / Circulating Bitcoin is what gives Bitcoin value.