The practice of indefinitely holding Bitcoin as a speculative asset, often termed ‘HODLing,’ may inadvertently hinder broader cryptocurrency adoption. For Bitcoin to fulfill its potential as a transformative monetary instrument, it must be actively used in everyday transactions rather than treated solely as a store of value. When users circulate Bitcoin through purchases and payments, they demonstrate its practical utility as a medium of exchange, thereby encouraging merchant acceptance and network growth. This transactional activity strengthens Bitcoin’s economic ecosystem, builds trust among new users, and showcases its advantages over traditional financial systems. While preserving value remains one function of money, the revolutionary aspect of cryptocurrency lies in its ability to facilitate decentralized, borderless transactions. The community’s collective shift toward spending Bitcoin could accelerate its evolution from a niche investment vehicle into a widely accepted form of digital currency.
