2/ And it continues to be beneficial to stabilize the currency value after the market has matured. But it *could* slide into negative/free-riding territory if too much capital is parked in a non-productive asset.
1/ The benefit of HODLing is on a sliding scale, not a binary good/bad. It’s hugely beneficial when Bitcoin is in its infancy, when the network/value proposition is being bootstrapped.https://twitter.com/timos_m/status/1021888823012282368 …
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