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TLS72: Vijay Boyapati on The Evolution of Money, Bitcoin's Role as Money, and the Lightning Network

The Kevin Rooke Show

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Is There an Opportunity Cost to Relinquishing Something in Trade?

The lack of willingness to spend something that is appreciating in values might also be a constraint. People have learned that there is an opportunity cost to relinquishing something in trade that is rapidly appreciating in value. That is a big factor where people generally don't want to let go of their Bitcoins because they know if they do, those Bitcoins could be much more valuable in the future.

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