Bitcoin's Evolution: Holding, Spending, and Governance

This chapter explores the complexity of Bitcoin as both a speculative asset and a potential currency, comparing it to physical assets like gold bars. It discusses the challenges of scalability, the importance of self-custody, and the dynamics of hodling versus spending within the Bitcoin community. The conversation delves into the implications of borrowing against Bitcoin and the evolving perceptions surrounding its usage in light of regulatory influences and market cycles.