HODL waves help visualize how well #Bitcoin HODLers are game theoretically converging on a monetary Schelling point.
The < 1 month supply age bands recently fell below 10% of total supply.
High ratio of HODLing leads to NgU 📈🚀.
@ErikVoorhees@PeterSchiff Money is a winner take all network effect driven good. #Bitcoin is the clear Schelling point for HODLing and NgU.
Some people may see value in using alts, but that doesn’t mean you should hold them hoping for NgU and someone to buy your bags.
This is one of the problems with $ETH and PoS.
The system is not distributing the coins in a fair enough manner that still incentivizes all individuals to play.
Everyone will learn to HODL #Bitcoin instead.
#Bitcoin is a marketing hack.
As more brands, individuals, and politicians recognize this, they will embrace bitcoin ethos (freedom, property rights, private key ownership, wealth, etc.) and catapult their success.
#Bitcoin needed to be distributed in the most fair manner possible.
It would not have been adopted without its Proof of Work distribution method that occurs over time.
Its unique monetary properties combined with PoW issuance ensure its long term success.
Price stays relatively in line with human/society adoption so no one is ever too late to benefit from playing the game of hodling #Bitcoin .
Since no one is ever “too late”, everyone still wants to HODL.