Why Should You Still Own Bitcoin?

Earlier this week, coin.fyi author Cole South published a post that created some animations on why he no longer HODLed bitcoin. twitter discussion. Therefore, it seemed important to quickly review some of Güney’s arguments from a Bitcoiner perspective. Of course, I don’t expect South to change his mind and get him to agree again, but I do believe a response is valuable so that audiences can understand the difference in mindsets. South’s text will be in block quotes throughout.

“Productive assets vs Pet rock assets

In general, I try to have assets with real end-user demand/benefit/cash flow rather than those that are closely tied to market supply and demand.”

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