Bitcoin - Why It Should Be Spent/ No Hodl!

Bitcoin - Why It Should Be Spent/ No Hodl!

Bitcoin shouldn't be hoarded. Unfortunately economically this makes no sense. The value of bitcoin would have to be in the use of bitcoin. If nobody is willing to spend it then bitcoin itself has no function. If no one is wiling to spend it how can it be efficiently traded for good and services.

An economy with little spending doesn't work well. Although bitcoin has been around for over a decade tokens that have existed only a few years or less have done more transactions. Bitcoin's use as a money is as important as it's use as a store of value.