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> at some point you want to spend it > the selling part is non-optional That is not true. Bitcoin is best thought of as a block of real-estate on a virtual M
by djschnei 5y ago
> at some point you want to spend it
> the selling part is non-optional
That is not true.
Bitcoin is best thought of as a block of real-estate on a virtual Manhattan. Some of the wealthiest families in (IRL) Manhattan are wealthy because they've owned a block of land on Manhattan for generations and have never sold. They borrow against their asset to live and the asset keeps appreciating. Bitcoin will be, and already is, no different. There are people that do this exact thing with Bitcoin.