> I put this down to human nature rather than design. The design of Bitcoin plays a larger part in "hodl" than human nature. The cost of mining growth with gro

> I put this down to human nature rather than design. The design of Bitcoin plays a larger part in "hodl" than human nature. The cost of mining growth with growth of the network pretty quickly eliminated Bitcoin's utility as a value exchange. It didn't take long for Bitcoin transactions to get more expensive than traditional payment methods. There's no sense in paying fees to transact in Bitcoin if they're higher than traditional payment. Bitcoin's "value" has also always been highly variable thanks in part to the fees so there's no good way to post prices in Bitcoin for vendors either. Shit the value can fluctuate wildly while your transaction is processing! Your agreed upon "price" is meaningless.