You are viewing a single comment's thread from:

RE: Are Bitcoin HODLers "Free Riders"? | #LookAtMeImNaval

in #dlive6 years ago (edited)

Aren’t bitcoin holders actually providing value by investing their hard worked fiat money in to bitcoin? As a matter of fact you might be called a free rider, but at the same time your invested money is doing all the work for you. At the end we all contribute, whether it’s just by investing or actuall work on difrent projects such as ICO’s. I’ve never had Facebook account, but it doesn’t mean I don’t contribute to Facebook, which is killing me by knowing I probably do.

Sort:  

I think I agree, by holding onto the currency they are keeping that currency out of circulation and potentially increasing its value due to lower circulating supply...I could be wrong but that is my understanding of basic economics.

Coin Marketplace

STEEM 0.30
TRX 0.25
JST 0.040
BTC 94970.03
ETH 3345.55
USDT 1.00
SBD 7.80