Bitcoin is a product of the environment we live in, for some there are references to it that matter, for others BTC is not reality and more so evil. Is BTC anymore evil than holding dollars in your pocket that you will not spend? Hodl value is akin to the properties of holding cash. With no purpose behind holding the cash a person would not hold cash, but money has purpose even if there is nothing to buy. Buying is figurative value where a conversion takes place between the property of the original cash and the newly found material item(s). Though the cash holds a stronger replacement for value than any single item of material value because to buy means to immediate lose re-sellable value. I can buy a pair of pants but if I wear them even once they are not brand new and cannot be returned or resold as such. If BTC is a product of the environment, what environments occur where BTC holds no value? When value is determined for value sake than value is indeterminate therefore the meaning of the value is not dependent to any one aspect of spending or savings. Fire a bunch of people from their job, does their value return to becoming pure cash or was it a daydream that some people believed to suspend payment of workers in order to recover what was believed to be lost. Animated imaginations create cryptocurrency to a degree that reaches a mass audience of people that do not actually like investing through memes. Bitcoin will never be a meme and will remain a digital historical monument throughout time which represents the before the story went crazy with fanciful ideas that may or may not have gone anywhere …
Related Posts
Coinbase to Offer Tokenized Stocks and Prediction Markets in U.S.
Pro-crypto U.S. policy shift boosts Coinbase’s expansion efforts.Best Crypto Trading Bots 2022Get Started Coinbase is planning to launch…
Michigan Lawmakers Propose Bitcoin Reserve Investment Plan for State Treasury
Michigan’s HB 4087 bill would permit investing up to 10% of state funds in Bitcoin while allowing secure…
Bitcoin’s Hash Rate Defies Regulatory Pressure to Hits an ATH of 216 Ex/s
Bitcoin’s hash rate jumped to a new all-time high on Thursday to surpass 216 exahashes per second, beating…
Sabio Reports Strong 43% YoY Revenue Growth in Q1 2025
TORONTO, May 27, 2025 /CNW/ — Sabio Holdings Inc. (TSXV: SBIO) (OTCQB: SABOF) (the “Company” or “Sabio”), a…