Nobody is using Bitcoin! Bitcoin is useless!

Published April 21, 2025

by Joel Bomgar

YouTube Video Transcript

CRITICS: Nobody is “using” Bitcoin, and “Bitcoin is “useless”. ANSWER: Holding Bitcoin is *using* bitcoin. All monies (including the US dollar) are *held* 99.9% of the time, and only used as a “medium of exchange” 0.1% of the time: 99.9% holding = 1 minute per day spending 99.8% holding = 3 minutes per day spending 99.7% holding = 4 minutes per day spending 99.6% holding = 6 minutes per day spending 99.5% holding = 7 minutes per day spending **Originally recorded on 11/17/24**

Share this content

Facebook X LinkedIn Email

Disclaimer:

The content provided in this post is for educational purposes only. It should not be considered financial, investment, or trading advice. I am not a licensed financial advisor, and all opinions expressed are my own. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Investing in Bitcoin or any other assets carries risk, and you should never invest more than you can afford to lose.

View all posts

Post category:

Facebook Live

Subscribe to Joel's Friday Roundup ✉️

Stay current with the latest bitcoin insights with the Friday Roundup newsletter – Joel’s latest posts from the week, wrapped up in a single email for easy viewing.

NOTHING for sale. No SPAM ever. Unsubscribe anytime.

Nobody is using Bitcoin! Bitcoin is useless!

YouTube Video Transcript

Share

Subscribe to Joel's Friday Roundup ✉️

Related Posts