Bitcoin holding is a process when somebody does never sell their Bitcoins. Wondering why anyone claims to never sell all their Bitcoin? What reason can anyone have for this, and that is to take their satoshi to the grave? What does someone invest and plan on if they don’t want to sell for more and enjoy a profit? These are legitimate questions that a lot of people who may come into contact with a cryptocurrency may ask a lot of people for the first time.
Why doesn’t he ever sell his Bitcoin?
Cryptocurrency youtuber from the Bitcoin channel – Investing in the future BFI states in its new video that it will never sell all of its Bitcoin. Certainly not into fiat currencies such as euros, dollars and crowns, because he fears the political and economic consequences of such a decision. They are probably among those who fear political systems and are not entirely convinced that we live in a free world. These are opinions that many would label with a conspiracy label and put on a pile of unverified and alarming claims. But is it really so? You can watch the video below and make your own opinion.
reasons for rating “forever”
Nevertheless, let’s ask ourselves once again why someone would plan forever and never sell their Bitcoin. Bitcoin, unlike fiat currencies, is not subject to planned inflation. Its limited amount makes it a rarer currency, which in the long run promises a much better function as a store of value in the long run. In addition, if you follow security policies and take extra care, it can provide assurance that no third party will touch your property, that your account will not be frozen, expropriated, and so on.
However, Bitcoin holding also has other advantages. It is politically neutral, global and very liquid. You do not rely on trust in any single government or country, which may be in our country at the moment, and hopefully for a long time to come, no one appreciates much, but when you look around the world, you will find a number of much more unstable places where this aspect begins to excel. Many other places, in turn, provide an unflattering portrait of modern civilization, which is still very far from maturity. Unfortunately, we have not yet learned to live in harmony with nature, nor with ourselves. We have one world, but we arm ourselves against each other, as in primitive times of foreign conquest. In addition, we are still controlled and enslaved. The majority society was intimidated in Nazi Germany, and is still silent today, at a time of creeping restrictions on human freedoms, and this is no conspiracy, but a mere fact.
Conclusion on Bitcoin holding
The bottom line, however, is not that everything will turn out badly and Bitcoin is the only way out, but rather that the centralization of power can lead to many potential problems. Bitcoin offers an alternative, so it can make a lot of sense for someone to store a certain part of their assets a bit outside the centralized system and simply leave it there for sure. After all, saving in fiat currency still doesn’t make sense if the interest rate is around 0.3% and inflation is 2 to 3%…