Don’t JUST Hodl Your Bitcoin! | Highlighted Clips

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@theothermjordan had @Princey21M on the podcast recently, and the two discussed the importance of Bitcoin’s use cases beyond merely a savings technology.

Bitcoin only wins in the way we desire if it is used as a currency, as a medium of exchange. Bitcoin-backed loans lull us into a sense of complacency and prevent us from supporting the proof-of-work performed by the vendors and stores around us who provide valuable services.

Spend and replace your Bitcoin.

00:00 – Concerns with Bitcoin-Backed Loans
00:59 – Could Bitcoin’s Price Be Manipulated?
01:39 – Bitcoin-Backed Loans Breed Complacency
02:28 – Why It’s Important to Spend Your Bitcoin
04:46 – Gold Didn’t Save Us
05:57 – High Time Preference Amongst Bitcoiners

👀 Watch the full episode here:
https://youtu.be/_UwGJkd6Q_U?si=iDWgZd_5xSrW6DgJ

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Our Highlighted Clips are where we share our “best of” clips from podcasts that members of The Bitcoin Way team have joined, as well as clips from guests that have joined our shows.

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