John Griswold
Apr 16, 2021

A statement that reveals a profound ignorance of economics and the global economy. An economic collapse would destroy "hodlers" ability to access their supposed digital wealth. The systems necessary for their access are totally dependent on the current economic system, on the power grid in particular, on the internet and all its huge and scattered infrastructure, on social order and the governments that protect it. Hodlers are a tiny minority who can't protect the smallest corner of the systems that allow their hodlings to exist, let alone to trade them to the vast majority of people who have no BTC stake, for life's necessities. Hodlers have the biggest imaginable stake in maintaining the current economic system, without it their coins are worthless.

John Griswold
John Griswold

Written by John Griswold

Master carpenter, watercolor artist and beat up old jock…owned by Black Lab Bo who considers two tennis balls a minimum mouthful

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