You just have to do the following simulation to understand that HODL is useless.
- You continue to receive your salary in fiat.
- You save whatever is left over from your salary at the end of the mon...
I believe that scenario one will blend with scenario two.
You start to save in bitcoin (hodl)
While your savings are increasing in purchasing power due to fiat inflation, more and more businesses will start to accept bitcoin as payment.
The change will be a transition, not a step.
Here in South Africa we can pay using bitcoin at over 700 000 stores. Fuel, food, utilities, you name it.
You start to save in bitcoin (hodl)
While your savings are increasing in purchasing power due to fiat inflation, more and more businesses will start to accept bitcoin as payment.
The change will be a transition, not a step.
Here in South Africa we can pay using bitcoin at over 700 000 stores. Fuel, food, utilities, you name it.
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