HODLing Bitcoin isn't merely an "investment"

[Wind_FURY]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

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[DaveF]

Although I agree with the sentiment, I really think we should be pushing more of a 'you do you' kind of thing.
Possibly you want to hold, I want to trade, and that other person over there wants to get BTC so he can buy stuff.

We should be helping people do what they want with no preconceived notions.

Yes, we can point out the good / bad / ugly of what they may or may not want to do. But beyond that, it's their coin. Do with it as they want.

-Dave

[SquirrelJulietGarden]

BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

Bitcoin is no longer a non-political issue for governments. Years ago, they did not care about it too much but many years ago, CIA already spent $3000 for Gavin to present about Bitcoin to CIA. It is political.

Last few weeks, Gensler, Chair of SEC. had to make a testimony at the USA. Congress, it's political.

In the USA. 2024 President Election and propaganda before it, Bitcoin will be one of political issues for President candidates and their campaigns to run to the White House.

[mk4]

Yea while it can technically be an "investment", calling it an "investment" can undermine it quite a bit. It's a bet on a huge paradigm shift that is about(or at least we think it will) to happen in the financial world.

[Hamza2424]

Bitcoin is no longer a non-political issue for governments. Years ago, they did not care about it too much but many years ago, CIA already spent $3000 for Gavin to present about Bitcoin to CIA. It is political.

Last few weeks, Gensler, Chair of SEC. had to make a testimony at the USA. Congress, it's political.

In the USA. 2024 President Election and propaganda before it, Bitcoin will be one of political issues for President candidates and their campaigns to run to the White House.

I don't think so because on political grounds bitcoin is like a string that cant be stretched more, already SEC has stretched it enough. Nobody can afford to support Bitcoin for their political interests because it will be like "Oh bull, hit me". Remember my words if anyone would do that the Bull will hit him hard enough that his generation will remember. Because everyone like the control, and power in their hands, Bitcoin eliminates the central power authorities and divides the rights on equality.

Yea while it can technically be an "investment", calling it an "investment" can undermine it quite a bit. It's a bet on a huge paradigm shift that is about(or at least we think it will) to happen in the financial world.

But Point is will it ever happen?
I know we support this narrative and most people will do in the future but like you, the lust for power will never allow them to do this. Controlling nature cant be suppressed.

[zanezane]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

I dont think he is still getting an earning after spending without reinvesting something you spend. bitcoin helped them in the times when Covid-19 pandemic but did they start investing again to bitcoin? or did they actually quit HODLing / Owning Bitcoin.

While owning Bitcoin can be a form of political movement due to its decentralized and non - governmental nature, it's important to understand that this can also have negative consequences. Bitcoin's ability to weaken or break down political strongholds can be seen as a threat by government's and financial institutions, which may lead to increased regulation or even outright bans on Bitcoin ownership or use.

[mk4]

But Point is will it ever happen?[/b]
I know we support this narrative and most people will do in the future but like you, the lust for power will never allow them to do this. Controlling nature cant be suppressed.

"Them" referring to who? The government? They can try to suppress Bitcoin by attacking the on and offramps, but they're going to fail to stop it and instead just slow it down. Also taking note that not 100% of countries will be totally against it.

[m2017]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

How can HODLing/owning BTC weaken existing political strongholds? Could you explain? You touch on an interesting topic and it would be nice if you develop it better.

More useful can be from the use of bitcoin, which is, in fact, the first cypherpunks and conceived. After all, they conceived it as a digital means of payment, and not a means for investment. Their protest was to switch to an alternative currency from the traditional monetary system. So it turns out that the more people will use BTC, the stronger this revolutionary movement will be and the more the very strongholds of which you speak will be weakened.

[Lorence.xD]

It might not count as investment but hodling could also have advantage. Remember when people who bought BTC in a cheap price then opened their address after a decade? Yeah instant millionaire I guess, since we all have different way of earning or profiting. But hodling doesn't also guarantee you success like the BTC did. Investment could also the same but once the BTC you owned are in the market, then you're part of the game already. Unlike hodling you just wait for miracle to happen.

[Z-tight]

BTC weakening political strongholds when people hold it is too much 'work' for BTC , i understand that you are trying to say that BTC being permissionless and censorship resistant is very different from the traditional money controlled by politicians, and if many people lose faith in the bank and grow faith in BTC, it would be a shift from the political and traditional ways.

Anyway this will not happen by only holding BTC, but spending it and using it in many other ways. Once people get tired of certain authorities controlling the money they are using, they will look for options and BTC is the best one.

[348Judah]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

That's a nice idea, some of us may not know that at the end of it all,not all of us will ended up holding because we cannot hodl at tge same time without selling at any point in time, also bot everyone that hodl make profit from their holding because they might have missed the targeted time for them to earn while holding, maybe the more reason why bitcoin remains volatile so that so that demand and supply remain constant, which means as long as you might have hold, you will still resulted into selling.

[BITCOIN4X]

I stated that I agree with that view because basically bitcoin is a multi-purpose asset that can be utilized by its users for different purposes.

We can't encourage anyone to think only one function of bitcoin, but every bitcoin owner has full rights to manage their coin assets and plan something with it. I invest in bitcoin, at the same time other people are trading, while others are also using bitcoin as a means of payment, and it's all legal. In fact there are many things about bitcoin use cases that have not been explored by its users.

[Die_empty]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

I also share this dream of political freedom through bitcoin mass adoption. Fiat has been a control tool in the hands of the government to control the entire activities of humans. They make and enforce draconian economic policies to force their political will on the people.

An example is my country when the government restricted cash withdrawal from citizens while government officials were given unhindered access to cash because they want to force the people to vote for them. Due to lack of money citizens were forced to sell their votes for peanuts because they needed money to buy food. Bitcoin would have been a political and economic tool to frustrate these evil plots by these politicians because it would have given the populace unhindered access to their money. Mass adoption will make this dream real.

[tread93]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

Its not political, its financial. The whole genesis block talked about the banks being bailed out, exactly what is happening today! When politics are involved this is when you get mixed messages. Everything political today is now "fake news" news has been bought out, you can't buy out bitcoin though! Bitcoin is everything but political its a system designed to take politics out of the money picture, bitcoin is just pure potential IMO!

[Ultegra134]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

How can HODLing/owning BTC weaken existing political strongholds? Could you explain? You touch on an interesting topic and it would be nice if you develop it better.

More useful can be from the use of bitcoin, which is, in fact, the first cypherpunks and conceived. After all, they conceived it as a digital means of payment, and not a means for investment. Their protest was to switch to an alternative currency from the traditional monetary system. So it turns out that the more people will use BTC, the stronger this revolutionary movement will be and the more the very strongholds of which you speak will be weakened.

I also don't understand how Bitcoin is perceived as a political movement that breaks down governments, as the OP is claiming. I recognize that governments certainly aren't fond of cryptocurrencies for obvious reasons (money laundering, tax evasion, privacy, no control over them, some of which are also extremely common with fiat currencies, but that's another story), although that doesn't cancel their investment nature. You may not consider holding as an active investment, but it's practically no different than buying an asset such as gold; you don't have to actively trade to be considered an investment.

[Who is John Galt?]

How can HODLing/owning BTC weaken existing political strongholds? Could you explain? You touch on an interesting topic and it would be nice if you develop it better.

More useful can be from the use of bitcoin, which is, in fact, the first cypherpunks and conceived. After all, they conceived it as a digital means of payment, and not a means for investment. Their protest was to switch to an alternative currency from the traditional monetary system. So it turns out that the more people will use BTC, the stronger this revolutionary movement will be and the more the very strongholds of which you speak will be weakened.

On the one hand, of course, bitcoin is designed for us to use it, and most of us are interested in this. This is important and necessary. On the other hand, the mempool has grown in recent days, and it shows, I think, that bitcoin is already in active use, and technically there is not much room for even more use growth at the moment.

If we encourage people to use it more often, we will simply face more competition for block space and a higher entry threshold for new participants interested in bitcoin. Not everyone knows about LN.

[rhodelmabanal]

I think holding a bitcoin is an investments and only the investors who has a big patience can win or earn profit, if we are going to hold bitcoin and we cannot wait for the right time to sell because we need funds then we will surely loss, most of the expert say's that only invest an amount that you can afford to loss or invest your extra money not the money that is needed for the daily needs to avoid selling pressure of your holdings, so for me holding btc is an investment because we can earn if we have patinece on it.

[Z390]

We all can't face the same path OP, every humans that God created have their missions on this earth, their fate are not the same and so is their fingerprints.

many Bitcoin investors have their plans and it's never going to be different, all bitcoin investors can't decide to hold, time is a crucial thing in crypto, some will hold for a year and sell while some are capable of holding for 10 or 15 years, there are many traders that trade Bitcoin daily and weekly yet they are not holding any Bitcoin.

The whole political thing with Bitcoin is all about the fear of someone using Bitcoin to their advantage while the other don't, a politician can use Bitcoin to do some hidden funding for him to become the next ruler over all, this is one of the reasons why Bitcoin is a threat and it will always be.

[Rruchi man]

BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

Whenever a discussion comes up about how the government has so much control over the citizens financially and how to reduce this power of government and give freedom to citizens, bitcoin always comes up as a solution. So I get the idea that accepting and Hodling bitcoins can be a kind of political movement that aims to restore some sort of freedom to the people. Endorsing and encouraging bitcoin use can also be equated to promotion of this kind of political movement. The government see it as such too, it is part of the reason why they are fighting so hard against it.

[coolcoinz]

Its not political, its financial. The whole genesis block talked about the banks being bailed out, exactly what is happening today! When politics are involved this is when you get mixed messages. Everything political today is now "fake news" news has been bought out, you can't buy out bitcoin though! Bitcoin is everything but political its a system designed to take politics out of the money picture, bitcoin is just pure potential IMO!

It definitely is political, but let me explain.
There are fractions within every government that don't care about bitcoin at all, but there are also those who are for or against it and make their stance public every time they're asked (or not).
Some good examples from the US are Elizabeth Warren and Warren Davidson, you can look them up online along with their opinions about bitcoin.

As time goes by, holding bitcoin will not only influence your voting, but it will become voting. If you decide to invest a lot of money into bitcoin, you will want to support politicians who try to make your life easier. As a politician, you will have to be aware that openly criticizing bitcoin will make you lose votes of people who hold it. The more bitcoiners there are the more votes you will be losing... or gaining, depending on your stance.

[darkv0rt3x]

Although I agree with the sentiment, I really think we should be pushing more of a 'you do you' kind of thing.
Possibly you want to hold, I want to trade, and that other person over there wants to get BTC so he can buy stuff.

We should be helping people do what they want with no preconceived notions.

Yes, we can point out the good / bad / ugly of what they may or may not want to do. But beyond that, it's their coin. Do with it as they want.

-Dave

I can agree up to some extent. What I would change in your statement was maybe education so that people can chose what to do with their coins "more" wisely. I usualy say that for now, hodling Bitcoin is the best option and also, in a more extreme statement, I usualy also say that Bitcoin wouldn0t need traders at all if there was mass adoption. But in this (yet) initial and precoce times of Bitcoin, yeah, trading seems to be important in the sense that at least Bitcoin is changing ownership over the world. What I don't like in trading, specially with Bitcoin, is that when one sells Bitcoin at higher price that the buy price, indirectly that person is devaluating Bitcoin, because he was able to get more fiat for the same amount of Bitcoin.

[BlackHatCoiner]

But Point is will it ever happen?

If it will, it'll be around at the time fiat currencies collapse. I wouldn't bet against this. Debts have reached levels that are impossible to pay back. At some point in the future, maybe in this decade, we will experience this loss of confidence which will be followed by a very sensed devaluation. Just trust your guts and hodl.

[South Park]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

It depends, I am pretty sure that a great deal of the early adopters did not bought or mine bitcoin because they wanted to obtain money, or at least it was not their main motivation, their main motivation was to be part of a project which could change the world, but since then the motivations of the people that come to this market have changed in dramatic ways, and they do not care at all about the ideology or the principles behind bitcoin, they care about the personal benefits they can get out of it and that is it, and personally I am not against it as if there is something that anyone can understand are the benefits they can get out of something.

[Pandu Geddon]

however, those who own Bitcoin are free to use it. some consider Bitcoin as an investment asset by simply holding. anyone trading Bitcoins. even in countries that are free to use Bitcoin as a transaction tool, they collect Bitcoin for their needs.
many different functions are the goal of everyone who has it. whatever political goals are aimed at, all never really know and cannot force someone to use the Bitcoin they have.

[Wind_FURY]

Although I agree with the sentiment, I really think we should be pushing more of a 'you do you' kind of thing.
Possibly you want to hold, I want to trade, and that other person over there wants to get BTC so he can buy stuff.

We should be helping people do what they want with no preconceived notions.

Yes, we can point out the good / bad / ugly of what they may or may not want to do. But beyond that, it's their coin. Do with it as they want.

-Dave

Absolutely, a person can have the freedom to have his/her own Bitcoin lifestyle and have his/her own attitude/purpose. But I believe it's undeniable that Bitcoin will always be something political, because by its very nature, the way it was technically designed, its features have the ability to weaken and break down political strongholds and many people have not truly understood that. I believe Nayib Bukele did.

 

[kryptqnick]

The op has a good point, a point that is often forgotten. Indeed, holding Bitcoin can be a political choice, a choice not to trust traditional financial institutions and fiat currencies, regulated by authorities. And that can be done without expectations that Bitcoin will rise and merely because of the importance of supporting something that introduced unprecedented financial freedom, sort of like people give money to support a cause sometimes.
To those asking how it weakens strongholds, I believe that the act of holding Bitcoin is already a statement. A statement that I don't need a bank to store or send my money, and that I don't need an official fiat currency to store it in, either. This undermines the role of traditional institutions because it shows that they aren't as necessary as they want us to think they are.

[YUriy1991]

Although I agree with the sentiment, I really think we should be pushing more of a 'you do you' kind of thing.
Possibly you want to hold, I want to trade, and that other person over there wants to get BTC so he can buy stuff.

We should be helping people do what they want with no preconceived notions.

Yes, we can point out the good / bad / ugly of what they may or may not want to do. But beyond that, it's their coin. Do with it as they want.

-Dave

Absolutely, a person can have the freedom to have his/her own Bitcoin lifestyle and have his/her own attitude/purpose. But I believe it's undeniable that Bitcoin will always be something political, because by its very nature, the way it was technically designed, its features have the ability to weaken and break down political strongholds and many people have not truly understood that. I believe Nayib Bukele did.

 

Yes, It represents a significant change in the way we think about money and its role in society and Nayib Bukele, president of El Salvador, realized this potential and made history by becoming the first country to adopt Bitcoin as legal tender. Another reason why Bitcoin is not simply an investment is because it has the potential to reshape the current financial system.

My reason Traditional financial institutions have long monopolized the global financial system, creating barriers to entry for many individuals and communities. This means that more people adopting Bitcoin and other cryptocurrencies has the potential to shift the balance of power away from centralized institutions and toward individuals and society.

[sunsilk]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

Even if there's always the attachment of Bitcoin related to politics as by its typical nature of being "decentralized", I guess that's the root of it.

But then, when Biden has firstly stepped on the White House, I thought that he has said about related to Bitcoin or cryptocurrencies and he'll handle that separately.

Until now, I haven't seen that and it's not actually him that's moving or maybe it's with his blessing and these people that have been criticizing bitcoin like the SEC are the ones being instructed to do so.

[mindrust]

True. Bitcoin is a lot more than an "investment". Bitcoin is a way of living the life. You can use bitcoin as an investment or a currency... some people even use it for gambling purposes... but the those who really understand what bitcoin is about see bitcoin differently. Bitcoin is a "fuck you" to the central banks and the governments. Bitcoin is rebellion. Bitcoin is riot. Bitcoin is punk. Some may even call it... cypherpunk. In the end, all of these different people find different use cases of bitcoin and they all benefit from it and bitcoin keeps on doing its thing.

[Lillominato89]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

holding bitcoin is not a real investment, unless you actually think 1 sat a day is worth $1, so a really long term view! but keeping their sats still is not good for bitcoin, people must be able to spend their sats, exchange their sats, buy furniture and real estate, cars, food, services, and give a real meaning to the value of btc

[Poker Player]

...Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

In this forum there is little left for Bitcoin to be political. In its origins it was a libertarian movement while you see today a lot of people on the forum advocating more state and more socialism, while at the same time a use of Bitcoin with maximum privacy, which is paradoxical to say the least.

Socialist and communist ideologies do not like Bitcoin because they cannot control it, someone who believes that individuals and not states are the best guarantors of rights and freedoms does like Bitcoin precisely because it escapes state control.

[michellee]

HODLing or owning Bitcoins is their business and has nothing to do with politics or anything else. People who hold Bitcoin want to profit from their investment and will not tell anyone that they own Bitcoin.

And the story from @OP is true that many people managed to survive the COVID-19 pandemic because, at that time, they could sell some Bitcoins to survive and buy their daily needs. It has nothing to do with politics but is more personal.

But we also cannot deny that some people bring Bitcoin for political purposes because when people have it, they are free to use it for whatever purpose they want. Meanwhile, Bitcoin is something neutral that can be used as a tool for good or bad.

[zanezane]

Although I agree with the sentiment, I really think we should be pushing more of a 'you do you' kind of thing.
Possibly you want to hold, I want to trade, and that other person over there wants to get BTC so he can buy stuff.

We should be helping people do what they want with no preconceived notions.

Yes, we can point out the good / bad / ugly of what they may or may not want to do. But beyond that, it's their coin. Do with it as they want.

-Dave

Absolutely, a person can have the freedom to have his/her own Bitcoin lifestyle and have his/her own attitude/purpose. But I believe it's undeniable that Bitcoin will always be something political, because by its very nature, the way it was technically designed, its features have the ability to weaken and break down political strongholds and many people have not truly understood that. I believe Nayib Bukele did.

 

I agree with you there that Bitcoin has the potential to challenge existing political structures, particularly those related to monetary policy and central banking. Bitcoin's decentralized nature and its ability to facilitate peer-to-peer transactions without intermediaries have attracted attention from individuals who are skeptical of traditional financial systems and seek greater individual autonomy.

Incase you guys didn't know. Nayib Bukele, the presisdent of El Salvador, made headlines in 2021 by announcing that his government would adopt Bitcoin as legal tender, making it the first country in the world to do so. Bukele cited bitcoin's potential to promote financial inclusion and reduce the country's dependence on the US dollar as reasons for the move. however, the decision has also been criticized for its potential to exacerbate economic and social inequality, as well as for its potential to undermine El Salvador's existing institutions.

[ajiz138]

HODLing or owning Bitcoins is their business and has nothing to do with politics or anything else. People who hold Bitcoin want to profit from their investment and will not tell anyone that they own Bitcoin.

Their goal is the same as having bitcoins for the sheer profit they invest, while the connection with political goals is only a few people and most people are not too concerned with politics just because they own bitcoins or as HODling.

And the story from @OP is true that many people managed to survive the COVID-19 pandemic because, at that time, they could sell some Bitcoins to survive and buy their daily needs. It has nothing to do with politics but is more personal.

Many of them have managed to survive the Covid-19 situation and when they keep BTC as an asset they can use it for needed needs including medicines that are needed at that time, I believe when in an emergency they can still rely on bitcoin for survive even can survive until now.

But we also cannot deny that some people bring Bitcoin for political purposes because when people have it, they are free to use it for whatever purpose they want. Meanwhile, Bitcoin is something neutral that can be used as a tool for good or bad.

Only elite people bring bitcoin goals to politics we can look at some people in government and they can take it that way it doesn't matter they have a specific purpose for doing it but for most of us politics is not important to us as small investors .

[cydrix]

Holding may not be considered an investment, yet it may still be advantageous. Do you recall when consumers who purchased Bitcoin at a discount then opened their address ten years later? Yeah, I suppose you could become an instant millionaire since everyone has a different method of making money. However, unlike the BTC, hodling does not also ensure your success. The investment may be the same, but once the Bitcoins you held were traded, you were already in the game. As opposed to hodling, you simply wait for a miracle.

[jeraldskie11]

BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

In my opinion, it is possible for Bitcoin to weaken before if you just hold because Bitcoin is just starting. That's why Bitcoin still needs to develop strength so that it can't be stopped for what it's purpose. But now Bitcoin is different because it has developed strength, as we can see in the market, it will not dump so hard when there are whales who sold their holdings.

Take a look at what Satoshi said in his post here, I think it is related to what OP said, I saw it from GazetaBitcoin's posted topic.

No, don't "bring it on".

The project needs to grow gradually so the software can be strengthened along the way.

I make this appeal to WikiLeaks not to try to use Bitcoin.  Bitcoin is a small beta community in its infancy.  You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.

[Bushdark]

But Point is will it ever happen?

If it will, it'll be around at the time fiat currencies collapse. I wouldn't bet against this. Debts have reached levels that are impossible to pay back. At some point in the future, maybe in this decade, we will experience this loss of confidence which will be followed by a very sensed devaluation. Just trust your guts and hodl.

We just need to hold and keep holding now that banks are collapsing. The interest rate had increasing making loan repayment to be more expensive than what it used to be. A lot of students are I to debt because of the continueous in ncrease in interest rate making thing more expensive and inflation keep growing. Bitcoin had paved a way for everyone of us to see what the future holds for us. Those that are potential investors that knows how to go about there ways of earning more would never be tasty of wealth.

[Reatim]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

But sadly , admit it or not that we are all Holders here mate and that is what we do here in crypto as either this is Political movement or even revolutionary , yet this is what it is to be clear.

though time changes now as Hodling is not the priority while there are chances to Buy and sell when the price goes up,
not like in the past that Keep holding then it will bring you  profit in time , but now as the price of bitcoin is going up and down then why not buy and sell instead.

Why is it called Hodling crypto?
HODL, or “Hold On for Dear Life,” is now a widely known concept in the crypto community that refers to the strategy of not selling your digital assets, even amid extreme price changes in the market. And given Bitcoin's latest bout of volatility, HODL remains relevant a decade later in 2023.

Keep buying and selling , that is the concept now and whatever it may come from Hodling or not  then  keep what strategy you are doing .
but for OP , I think I need to agree in your purpose of eye opening here.

[landheer]

holding bitcoins for the long term is a good thing,
because it will potentially get a big profit.
and indeed in my opinion holding btc in the long term can indeed be called politics and in my opinion politics is to get big profits.
for example, many people hold btc, automatically the price of btc will continue to rise and the reason is because many people hold long-term btc.

[Similificator]

It doesn't have to have a goal that is politically related. I mean, we don't have to complicate things that much specially for the newbies. I personally think that the main goal that we should be highlighting is fully spreading awareness about the features of Bitcoin that every individual can freely access and benefit from. And regardless of intentions, any action related to bitcoin done by any crypto enthusiast will inevitably benefit Bitcoin in several ways anyway so I think it would be best that people just do what they normally plan to do with their own Bitcoin possessions be it hoarding or helping to circulate the supply by selling or paying for goods and services via Bitcoin.

[death69]

HODLing Bitcoin isn't merely a monetary move – it's a whole vibe! When I'm not feasting on avo-loaded toast and bombarding Insta with my visage, I'm surfing the Bitcoin chatter waves and refining my moonwalk groove.

But for real, peeps, there's a bigger picture to Bitcoin than a fleeting fortune. Its free-spirited core and revolutionary prowess can shake the pillars of power and spark genuine progress. And if it costs me my avocado treat stash, I'm game!

When all's said and done, HODLing Bitcoin goes beyond the greenbacks – it's about the adventure. So lace up those cosmic kicks and let's blast off on this wild rocket ride to our lunar playground.

[adzino]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

Are you saying holding bitcoin can weaken bitcoin or it can the features of bitcoin can weaken political strong holds? Anyway, I doubt anyone worries about "political strongholds" and "bitcoin". Most of them only invest in bitcoin to make profits. They invest, when the price goes up, the sell and take their profit and goes back to the regular financial system. So yeah, no matter how much you try to force yourself to think it is something different, but the truth in the end is the same. Its an investment for most. And then there are some people that screams crypto currencies will  bring financial freedom and stuffs like that, but they usually do it so that a "hype" is created and the price goes up. The same people will end up selling when they are at the profit.

[retreat]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

Just agree with what you said. Holding Bitcoin isn't just about investing, it's much bigger than that. By holding Bitcoin, it means that we have participated in building a decentralized financial ecosystem, which is free of intervention, anonymous, and empowers all users in it. A system which will disrupt the current traditional financial system and make it irrelevant, which will force them to innovate and abandon their old ways of manipulating people to follow what they want. This is a financial freedom which we all want and the government is afraid of it. And that's why I keep encouraging others to get into this circle and follow in our footsteps as Bitcoin militants.

[vitya1982]

It doesn't have to have a goal that is politically related. I mean, we don't have to complicate things that much specially for the newbies. I personally think that the main goal that we should be highlighting is fully spreading awareness about the features of Bitcoin that every individual can freely access and benefit from. And regardless of intentions, any action related to bitcoin done by any crypto enthusiast will inevitably benefit Bitcoin in several ways anyway so I think it would be best that people just do what they normally plan to do with their own Bitcoin possessions be it hoarding or helping to circulate the supply by selling or paying for goods and services via Bitcoin.

True. HODLing Bitcoin as some political movement is great and all, but for a lot of people it's still just an investment, and that's ok. It benefits everyone anyway if more people are getting involved in it.

[romero121]

Whether it is political or not is secondary. For now the holdings belongs to a person and they've got the rights to do what they prefer. My choice is just hold and spend when required. Some might be focusing on long term holding with specific timeline, there are users who buy bitcoin for gambling needs. Different purposes were getting fulfilled, so surely there's political move and the same isn't gonna cause any changes to the market due to the technology over which it function.

I have a thinking bitcoin might've got emerged out of some political connection. We don't know the exact reason, everything is being assumed. I believe there is someone close to Satoshi or Satoshi himself got hurt by the monetary system at some point and tossed the blockchain technology. Each and everything in one way or the other have political connect.

[Rupok]

Can never support bitcoin for political reasons. Probably many want to hold and some want to trade.Everyone's plan may be different.As everyone is aware of the features of Bitcoin so every person can freely access and other person out there wants to get BTC so that he can buy things. We all should help people to do what they want.I never think holding bitcoin can weaken bitcoin. Many people hold Bitcoins to gain more profit. But thatthat's way Bitcoin's features may not weaken its political strong holdholding .

[Ayers]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

Are you saying holding bitcoin can weaken bitcoin or it can the features of bitcoin can weaken political strong holds? Anyway, I doubt anyone worries about "political strongholds" and "bitcoin". Most of them only invest in bitcoin to make profits. They invest, when the price goes up, the sell and take their profit and goes back to the regular financial system. So yeah, no matter how much you try to force yourself to think it is something different, but the truth in the end is the same. Its an investment for most. And then there are some people that screams crypto currencies will  bring financial freedom and stuffs like that, but they usually do it so that a "hype" is created and the price goes up. The same people will end up selling when they are at the profit.

I don't know on what basis he thinks so. But honestly, even myself and the friends I know, we invest in bitcoin for the sole purpose of making a profit and becoming financially free by investing. I have never thought further of anything else, profit is the only thing I aim for. It sounds gross, but it's true, I don't see anything between holding bitcoins and politics, it's completely unrelated. I think we should not overthink and complicate things, I still only see bitcoin as an investment tool, nothing more and nothing less.

[YUriy1991]

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

It's true that early cypherpunks had political motivations when they built their tools, as they believed in the power of cryptography to protect individual privacy and security from government surveillance.

Likewise, Satoshi's message on the Genesis Block is a political statement against the traditional financial system and central banking. However, it is important to note that Bitcoin and blockchain technology have evolved beyond their initial political motivation and are now being used for a variety of purposes, including investment and trading.

I personally want to say that although politics may have played a role in the creation of Bitcoin, it is not the only factor driving its use and adoption today.

[Wind_FURY]

The op has a good point, a point that is often forgotten. Indeed, holding Bitcoin can be a political choice, a choice not to trust traditional financial institutions and fiat currencies, regulated by authorities. And that can be done without expectations that Bitcoin will rise and merely because of the importance of supporting something that introduced unprecedented financial freedom, sort of like people give money to support a cause sometimes.

To those asking how it weakens strongholds, I believe that the act of holding Bitcoin is already a statement. A statement that I don't need a bank to store or send my money, and that I don't need an official fiat currency to store it in, either. This undermines the role of traditional institutions because it shows that they aren't as necessary as they want us to think they are.

It's not even a "choice", because by its technical design, it has already become political whether you, as the owner, accept it or not. You can choose to use it in any kind of purpose you want, but it will neither remove, nor change, what it truly is by its nature. Greed got me into Bitcoin, but learning more about it, and understanding what it currently is and what it could also be, I believe this "invention" belongs with those other great inventions that help move humanity forward technologically, socially and politically.

[Josefjix]

Can never support bitcoin for political reasons. Probably many want to hold and some want to trade.Everyone's plan may be different.As everyone is aware of the features of Bitcoin so every person can freely access and other person out there wants to get BTC so that he can buy things. We all should help people to do what they want.I never think holding bitcoin can weaken bitcoin. Many people hold Bitcoins to gain more profit. But thatthat's way Bitcoin's features may not weaken its political strong holdholding .

Every day, Bitcoin generates both gains and losses, and sticking to one strategy is the only way to avoid being on the losing side. Our top priority is to win. Supporting Bitcoin for political reasons is not acceptable. Bitcoin has the ability to pump and dump on its own, without the assistance of politicians. Keeping bitcoins is a simple approach that is often used in the market. I've added bitcoins to my portfolio and am eagerly waiting for bitcoin to reach a new price dimension. Bitcoin has so many advantages that some traders use it primarily for trading, while others buy and hold for the bull market.

[be.open]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

There is a non-zero chance that the message encrypted in the genesis block is a regular timestamp with a headline from the first fresh newspaper Satoshi came across to document that the bitcoin network was launched no earlier than January 3, 2009.

Of course, the early cypherpunk movement was thoroughly imbued with romantic rebellious spirit of protest against the existing financial system. But is it necessary to look for hidden political subtext here? If Cypherpunk is considered a political movement, then it is a political movement against politics, in a sense it is anti-politics, a protest against the dominant role of politics in our ordinary daily life. At least that's how I understand it.

[Halime Anatolia]

There is a non-zero chance that the message encrypted in the genesis block is a regular timestamp with a headline from the first fresh newspaper Satoshi came across to document that the bitcoin network was launched no earlier than January 3, 2009.

Of course, the early cypherpunk movement was thoroughly imbued with romantic rebellious spirit of protest against the existing financial system. But is it necessary to look for hidden political subtext here? If Cypherpunk is considered a political movement, then it is a political movement against politics, in a sense it is anti-politics, a protest against the dominant role of politics in our ordinary daily life. At least that's how I understand it.

Maybe this is just a funny and quirky way to document the launch of the Bitcoin network by Satoshi who wanted to document the launch of the network in a memorable way and about the early cypherpunk movement I think was about promoting privacy, decentralization and individual freedom and those values reflected in the design of Bitcoin itself.

So it's not hard to imagine that Satoshi might want to make a statement about those values in the first place, but at least, that's how I see it!

[Weezenhofnar]

HODLing Bitcoin isn't just an investment strategy, it's a philosophy. By holding onto Bitcoin, you are demonstrating a belief in its ability to revolutionize the financial system.

It's not just about making a quick profit, but about being part of a movement that could change the way we think about money.

So, if you're a true believer in the potential of Bitcoin, then HODLing isn't just a choice, it's a responsibility.

[Kryptowerk]

Although I agree with the sentiment, I really think we should be pushing more of a 'you do you' kind of thing.
Possibly you want to hold, I want to trade, and that other person over there wants to get BTC so he can buy stuff.

We should be helping people do what they want with no preconceived notions.

Yes, we can point out the good / bad / ugly of what they may or may not want to do. But beyond that, it's their coin. Do with it as they want.

-Dave

Exactly this. I also believe, for annyone looking into Bitcoin without any of the idealistic/political motives, it's just a matter of time for them to get at least a basic understanding of where Bitcoin comes from in the first place and its potential for political/societal change.
Welcoming any positive adoption (except Ordinals - not true adoption, more comparible to spam-emails xD) is the way to go.

BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

Bitcoin is no longer a non-political issue for governments. Years ago, they did not care about it too much but many years ago, CIA already spent $3000 for Gavin to present about Bitcoin to CIA. It is political.

Last few weeks, Gensler, Chair of SEC. had to make a testimony at the USA. Congress, it's political.

In the USA. 2024 President Election and propaganda before it, Bitcoin will be one of political issues for President candidates and their campaigns to run to the White House.

You are right, Bitcoin has been on the radars of governments for a while now and is still gaining more awareness from these powerful institutions. While generally any established systems tend to see fundamental change as a threat, there are and will be exceptions that hopefully will alaways give enough breathing-room for the core fundamentals of Bitcoin to succeed.

[Wind_FURY]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

There is a non-zero chance that the message encrypted in the genesis block is a regular timestamp with a headline from the first fresh newspaper Satoshi came across to document that the bitcoin network was launched no earlier than January 3, 2009.

What does that actually mean?

Of course, the early cypherpunk movement was thoroughly imbued with romantic rebellious spirit of protest against the existing financial system. But is it necessary to look for hidden political subtext here? If Cypherpunk is considered a political movement, then it is a political movement against politics, in a sense it is anti-politics, a protest against the dominant role of politics in our ordinary daily life. At least that's how I understand it.

I can't speak of their motivation, but the tools they built was to help users protect their privacy and help make said users be more anonymous online. That makes it easier to speak out, and to be in groups together without fear of the State spying on users or intervention.

Plus the point of that post is really just a mere shower-thought that because of how Bitcoin was technically designed, it makes it a tool that could weaken and break down political strongholds. We're probably helping the growth of a political movement by simply HODLing because HODLer growth = Community growth.

[Mr.sprin]

Can never support bitcoin for political reasons. Probably many want to hold and some want to trade.Everyone's plan may be different.As everyone is aware of the features of Bitcoin so every person can freely access and other person out there wants to get BTC so that he can buy things. We all should help people to do what they want.I never think holding bitcoin can weaken bitcoin. Many people hold Bitcoins to gain more profit. But thatthat's way Bitcoin's features may not weaken its political strong holdholding .

Every day, Bitcoin generates both gains and losses, and sticking to one strategy is the only way to avoid being on the losing side. Our top priority is to win. Supporting Bitcoin for political reasons is not acceptable. Bitcoin has the ability to pump and dump on its own, without the assistance of politicians. Keeping bitcoins is a simple approach that is often used in the market. I've added bitcoins to my portfolio and am eagerly waiting for bitcoin to reach a new price dimension. Bitcoin has so many advantages that some traders use it primarily for trading, while others buy and hold for the bull market.

I really agree with your opinion that bitcoin can rise on its own without the need for support from politicians. If bitcoin depends on politicians, then bitcoin can be controlled by them, but basically bitcoin cannot be controlled. Bitcoin stands alone without the support of certain parties, including politicians.

[kotajikikox]

It doesn't have to have a goal that is politically related. I mean, we don't have to complicate things that much specially for the newbies. I personally think that the main goal that we should be highlighting is fully spreading awareness about the features of Bitcoin that every individual can freely access and benefit from. And regardless of intentions, any action related to bitcoin done by any crypto enthusiast will inevitably benefit Bitcoin in several ways anyway so I think it would be best that people just do what they normally plan to do with their own Bitcoin possessions be it hoarding or helping to circulate the supply by selling or paying for goods and services via Bitcoin.

True. HODLing Bitcoin as some political movement is great and all, but for a lot of people it's still just an investment, and that's ok. It benefits everyone anyway if more people are getting involved in it.

but what mate ? sorry I think I missed something here or it is just you did not put the exact point, because you are telling that it is just an investment but HODling is a Great and all?

But about OP saying it is "Merely" an investing , I tend to disagree because for me this is still investment while you are keeping the coins in hopes of increasing your capital in time.
and instead? if you are not happy in Holding then best to trade and that is something hard but  more profitable , though you must be ready to what will cross you either a loser or completely losing your funds..



https://corporatefinanceinstitute.com/resources/cryptocurrency/hodl/

Like what said in the History of HODL

we are here to have our strategy and we are the one responsible for this .

[be.open]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 

There is a non-zero chance that the message encrypted in the genesis block is a regular timestamp with a headline from the first fresh newspaper Satoshi came across to document that the bitcoin network was launched no earlier than January 3, 2009.

What does that actually mean?

This means that your thesis about the political nature of Satoshi's message in the genesis block may be just mental speculation with no real ground. What if the date of a newspaper headline is more important than its content, which could be anything else by chance and the production editor? As Sigmund Freud said, "Sometimes a cigar is just a cigar."

Of course, the early cypherpunk movement was thoroughly imbued with romantic rebellious spirit of protest against the existing financial system. But is it necessary to look for hidden political subtext here? If Cypherpunk is considered a political movement, then it is a political movement against politics, in a sense it is anti-politics, a protest against the dominant role of politics in our ordinary daily life. At least that's how I understand it.

I can't speak of their motivation, but the tools they built was to help users protect their privacy and help make said users be more anonymous online. That makes it easier to speak out, and to be in groups together without fear of the State spying on users or intervention.

Plus the point of that post is really just a mere shower-thought that because of how Bitcoin was technically designed, it makes it a tool that could weaken and break down political strongholds. We're probably helping the growth of a political movement by simply HODLing because HODLer growth = Community growth.

It seems paradoxical to me that the idea of making the blockchain open, with the goal of increasing anonymity and privacy.

[ethereumhunter]

Can never support bitcoin for political reasons. Probably many want to hold and some want to trade.Everyone's plan may be different.As everyone is aware of the features of Bitcoin so every person can freely access and other person out there wants to get BTC so that he can buy things. We all should help people to do what they want.I never think holding bitcoin can weaken bitcoin. Many people hold Bitcoins to gain more profit. But thatthat's way Bitcoin's features may not weaken its political strong holdholding .

Every day, Bitcoin generates both gains and losses, and sticking to one strategy is the only way to avoid being on the losing side. Our top priority is to win. Supporting Bitcoin for political reasons is not acceptable. Bitcoin has the ability to pump and dump on its own, without the assistance of politicians. Keeping bitcoins is a simple approach that is often used in the market. I've added bitcoins to my portfolio and am eagerly waiting for bitcoin to reach a new price dimension. Bitcoin has so many advantages that some traders use it primarily for trading, while others buy and hold for the bull market.

I really agree with your opinion that bitcoin can rise on its own without the need for support from politicians. If bitcoin depends on politicians, then bitcoin can be controlled by them, but basically bitcoin cannot be controlled. Bitcoin stands alone without the support of certain parties, including politicians.

And so far, bitcoin has shown that bitcoin is not bound by anyone, even by one or more governments. Bitcoin moves because of the demand and supply in the market. But don't forget that the movement of bitcoin is also often influenced by events that occur in the world or a country so it will make the price move because people can be triggered and panic. Those who should have held on instead turned to sell their bitcoins in a panic with the news coming out because they thought it would move bitcoin in the opposite direction. If they remain calm despite negative news, it will not affect bitcoin price movements too much.

[Bebe22]

A political revolutionary movement huh? I also see it as that, of course alongside an investment plan but let's focus on the revolution side.
I strongly believe that fiat currency would fail one day, and the government would have no other choice but to turn to  ( not an alternative but ) a new means of exchange of goods and services. Something may come up as money before that time, definitely has to be better than Bitcoin to replace money, but if nothing does...bitcoin is going to be accepted by the government and decentralized to be our new money. That's what I think.

[Blitzboy]

A political revolutionary movement huh? I also see it as that, of course alongside an investment plan but let's focus on the revolution side.
I strongly believe that fiat currency would fail one day, and the government would have no other choice but to turn to  ( not an alternative but ) a new means of exchange of goods and services. Something may come up as money before that time, definitely has to be better than Bitcoin to replace money, but if nothing does...bitcoin is going to be accepted by the government and decentralized to be our new money. That's what I think.

Fiat is going to be utterly fucked, and those sitting on their high horses will come crashing down. But Bitcoin? Really? There's got to be something bigger, better, and more 'yuge' to replace it. If the government ever goes to Bitcoin, it's only because they've been backed into a corner and can't see the myriad of other potential options staring them right in the face. Its a loser's game if they're thinking of defaulting to Bitcoin. The future? Its out there, and it's not just in Bitcoin

[Bitcoin_people]

We know that Bitcoin is not only used for investment but also for the convenience of users. Economically many people trade in Bitcoin so that its transactions are completed very easily and quickly. Various companies accept payments in Bitcoin and banks make their loans and transactions in Bitcoin so that they operate easily and at low cost. We see when the covid 19 pandemic was all over the world when the whole world collapsed economically they were able to replenish their reserves with this bitcoin. And then the entire transaction through online took over with this virtual currency Bitcoin using which people enjoyed their maximum benefits. If we see at present then it is possible to do almost everything in real life with this Bitcoin. Nowadays everything has become easy to do with Bitcoin including purchasing various products. If we look at the country of El Salvador we can see how much they have accepted Bitcoin and how they are using Bitcoin. They have given bitcoin so much priority that they have accepted payment in bitcoin for all goods and purchases, including all factory bills, which is truly amazing. So we are not only benefiting from investing in bitcoin now but it is possible to do many other things very easily.

[Blitzboy]

We know that Bitcoin is not only used for investment but also for the convenience of users. Economically many people trade in Bitcoin so that its transactions are completed very easily and quickly. Various companies accept payments in Bitcoin and banks make their loans and transactions in Bitcoin so that they operate easily and at low cost. We see when the covid 19 pandemic was all over the world when the whole world collapsed economically they were able to replenish their reserves with this bitcoin. And then the entire transaction through online took over with this virtual currency Bitcoin using which people enjoyed their maximum benefits. If we see at present then it is possible to do almost everything in real life with this Bitcoin. Nowadays everything has become easy to do with Bitcoin including purchasing various products. If we look at the country of El Salvador we can see how much they have accepted Bitcoin and how they are using Bitcoin. They have given bitcoin so much priority that they have accepted payment in bitcoin for all goods and purchases, including all factory bills, which is truly amazing. So we are not only benefiting from investing in bitcoin now but it is possible to do many other things very easily.

Some people employ conventional banking ways, but others embrace Bitcoin, the future. Yes, Bitcoin is a change, not simply an investment! Imagine a world without boundaries, where trades are fast and cheap. Bitcoin survived Covid-19, when traditional banking institutions failed. More than a tool, it shows how power can be distributed.

You mentioned El Salvador, which indicates Bitcoin's potency. A coin is helpful when a country relies on it for business. Bitcoin is used to buy bread and pay bills as well as trade. Those who doubt its value are delusional. Wake up, world! Bitcoin is present, not future.

[Doan9269]

[You mentioned El Salvador, which indicates Bitcoin's potency. A coin is helpful when a country relies on it for business. Bitcoin is used to buy bread and pay bills as well as trade. Those who doubt its value are delusional. Wake up, world! Bitcoin is present, not future.

I will in my own way accept bitcoin being the present and the expected future plan we have towards our financial economy, bitcoin has future indeed and it's because of this that make people preferred having a long time investment in it, while those that make use of bitcoin for their daily exchange, payments and other transaction are those benefiting already with the present inportance of bitcoin, just as El-Savador did when iy makes bitcoin a legal tender, they make use of it in making transactions and in their business economy while they still invested in some to hold for the future benefits.

[Cryptomultiplier]

HODLing BTC is likened to saving up fiat for future purpose. Interests may add up or not, but what's significant is that it one would have a robust amount upon the end or after breaking bank.

Merely HODLing is not the only investment type if that's what you mean OP, securities and assets , NFTS are types of investment options available to BTC users too.
It is more about the discipline to maintain an investment strategy that counts, because the market volatilities would cause anyone who doesn't understand it, serious anxiety.

[The Cryptovator]

Being fair, holding onto Bitcoin implies it's somewhat of an investment. Alternatively, individuals could hold any other stable coin to manage through tough times. I understand that holding stable coins comes with risks, but I'm merely illustrating a point. You could also consider holding other digital fiat currencies. However, choosing to HODL Bitcoin inherently signifies a future-oriented perspective, which is often viewed as an investment. I recognize that not everyone might share this view, but it's my personal opinion.

[Ale88]

I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

I like to think about bitcoin as freedom rather than politics. The two things are directly linked but at the same time are totally different. Everybody likes freedom, not everybody likes politics. Of course it tries to fight banks, so again, for some people that means freedom and for others it means politics.

[Wimex]

It might not count as investment but hodling could also have advantage. Remember when people who bought BTC in a cheap price then opened their address after a decade? Yeah instant millionaire I guess, since we all have different way of earning or profiting. But hodling doesn't also guarantee you success like the BTC did. Investment could also the same but once the BTC you owned are in the market, then you're part of the game already. Unlike hodling you just wait for miracle to happen.

Well yes, Hodling could be considered an investment,  but at risk, since it is not known if in the time that bitcoins or any other cryptocurrency are maintained (this applies to any digital currency) it will yield favorable results for people who do it, this does not mean that it is a bad decision, but that it is a matter that must be thought through very carefully to carry it out.. or do you imagine that instead of winning you end up losing absolutely all the capital, it would be very disappointing, perfect for the to come out triumphant, but for those who don't, I would see it as a loss... how, it is very different if you have control of the exact moment in which you want to withdraw your bitcoins, personally I prefer the latter because I can use my strategies to see the fruits that I hope.. it may also have its cons but it's still my top choice.