| > A lot of these: Failed as a currency Failed as an inflation hedge Failed as a store of value Indeed. I don't know why at the time you had people buying something at >$60K (and I warned them not to [0]) or even so-called soothsaying influencers predicting at the time that it will reach >$100,000 in the same year. [1] or even predicting DOGE reaching $1 by September 2021. [2] Certainly it was to manipulate retail at buying the top and never selling. So today, where are these 'experts' now? [1][2] It seems the HODL narrative of Bitcoin as either a 'currency', 'hedge against inflation', and 'store of value' means it is a complete failure and is only useful for speculation. But not all 'coins' (not tokens) are exactly as useless like Bitcoin is. I would expect the maximalists to keep screaming HODL everywhere to be trending to keep the cult relevant until the next cycle as many of them have bought in at very high prices (Because Musk, Saylor, etc told them to) [0] https://news.ycombinator.com/item?id=27206314 [1] https://news.ycombinator.com/item?id=25776080 [2] https://news.ycombinator.com/item?id=27046019 |