Why you should still own Bitcoin

Earlier this week, Coin.fyi writer Cole South published a post about why he stopped using Bitcoin HODLs that are producing some animations. Twitter discussion. So it seemed important to provide a quick look at some of the arguments for the South from a Bitcoiner’s perspective. Of course, I don’t expect to change the mind of the South and get him to buy back, but I think the response is worth it so that onlookers can understand the difference in mindsets. Southern text will be in group quotes all the time.

“Productive Assets vs. Pet Rock Assets

In general, I try to own assets that have real demand/utility/cash flow for the end user on assets that are strictly dependent on market supply and demand.”

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