5 ms·
Bitcoin relies on other people to buy in and hodl in order to fulfill its value storing properties. If people stopped buying more (at higher prices since it's a
by chrischen 9y ago
Bitcoin relies on other people to buy in and hodl in order to fulfill its value storing properties. If people stopped buying more (at higher prices since it's a fixed supply) then the value would plummet, and that would be a terrible value store if your value plummets while being stored in it.