The Thief’s Almanac

I wonder what share of BTC hodlers are:

- maxis who since COVID became super gleeful about monetary debasement (to the point of welcoming it) in the hope that they’ll be the only economic winners

- doom-and-gloom survivalists who always expected runaway inflation and have now embraced BTC because of that

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That’s definitely a third category but I feel that they don’t belong to the maxis — it’s a highly heterodoxical position now in BTC to be pushing for programmability (just like it was to still be pushing for larger block size once the dust settled from the block size debate)

How much BTC must one hold to be considered a hodler?

Would argue there’s a third category around runes, ordinals, DeFI, staking that’s excited about innovation and programmability in the BTC ecosystem - web3 ‘fun’ finally on BTC

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BTC only pivoted to that digital gold / SoV narrative late in life, though. For the longest time it was simply meant to be P2P electronic cash (though QE-driven inflation hedging was always an undertone, hence the “Chancellor on brink of second bailout for banks”)

btc is just the mother of all crypto, i dont hold any but i can't see why it won't stay top 1 for long (storing wealth digitally wise)

eth has a long way to real mainstream adoption to move the needle with smart contracts demand

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