Thats a good point, hodlers kept crypto alive over 200 deaths by continuing to believing and holding on. So we do need folks holding it, but as you point out mainstream adoption happens when folks really use it . However these crazy price swings do put people off, we are in a long price discovery phase, I do believe and hope that at some point the prices will swing much lesser. Perhaps it will be after most of bitcoin is mined and more mainstream money comes in chasing this. Come to think of it 10,000 bitcoins was needed for 2 pizzas in 2010 and now it is worth around 100 million! Lot of folks used Bitcoin to pay for stuff from 2010 to 2016 when the price was much lower and if you look from holding perspective the $40 t-shirt they bought with bitcoin is actually now a t-shirt for whcih they paid $4000. But by using bitcoin as payment they contributed to the price we see now. If they just kept holding corn then this price appreciation and adoption would not have happened. I think holders are well aware of the need for using this as well to get more value from the bag they hold. Good video!
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Yes! Although we can have the best of all worlds with #useandreplace. When you spend $100 in crypto, just buy it back with fiat. Win win!