Cody
· 1w
I don't think this a problem at all. There has been massive selling for years now by "OGs". They may talk tough about dying with their Bitcoin, but their actions prove otherwise.
It's the newer folks who listen to people like Saylor in concerned for.
Saylor is a grifter. He prays on their fear and tells them to buy buy buy... But never spend or sell!
People who listen to this kind of preaching dump the value of their life's work into Bitcoin that they never spend or sell because they're paralyzed by a fear of missing out on hypothetical future gains.
What's the point of hoarding something your entire life if it never translates into materially improving your quality of life?
But Saylor himself is a latecomer and encourages this behavior in others because he wants them to pump his corporate bags. I don't think he believes half the shit he says. He's a false prophet.