@John Satsman I get the point, but I see it a bit differently.
Holding until death doesn’t really make sense to me.
If Bitcoin doesn’t circulate, doesn’t get used, doesn’t replace something real, it slowly loses the very reason it was created for: being money, not just a number going up.
Otherwise we just end up as the richest people in the cemetery ⚰️
Spend & Replace is the lifeblood of Bitcoin adoption 🌱
Every time you spend it with someone who accepts it, you drain liquidity from the fiat system and pull another person into the Bitcoin economy.
It’s also a much more effective way to orange-pill 🍊
No need for a 2-hour lecture on shells, gold and central banks, you just show that Bitcoin works, in real life, for real things.
On capital gains:
• no-KYC → non-issue
• KYC → accepted friction 🤷♂️
Given Bitcoin’s long-term trend, you’re still ahead anyway.
As for fees: yes, they exist.
I see them as the cost of building adoption.
And adoption has a return too, just not an immediate one ⚡️
Hodl matters.
But Hodl alone isn’t enough.
Hodl · Spend · Replace 🫒⚡️