Why Do We HODL Bitcoin? You Might Be Surprised
The expression to “HODL Bitcoin” has become part of the mainstream language among Bitcoiners. Go to any cryptocurrency related event such as a Meetup or a Bitcoin conference, and you’ll no doubt come across HODLers all over the place. However, what’s not very commonly known is WHERE the term “HODL” came from. In this video, we’ll go to the root of HODLing Bitcoin and how the term HODL has grown to become part of the global Bitcoin culture.
Also see: How Will We Get to 21 Million Bitcoins?
Know When to HODL, Know When to Fodl
Just do a search on any search engine for HODL, and you will be received with a wide range of memes and links, showing Bitcoin in all sorts of strange scenarios and situations. From Yoda and Mel Gibson in “Braveheart”, to an image of the Titanic sinking under the words “HODL”, the act of Bitcoin HODLing has taken root in the minds of Bitcoiners worldwide.
In the video below, we take you back to the history of the “HODL”, and we review the exact moment when HODLing was created.
As you will be able to see, the term HODL was created in a very peculiar and surprising way. Over the years, it has grown organically into a cultural phenomenon in Bitcoin circles.
In the process, you’ll learn some quite surprising things about HODLing, including:
- Did you know that the term HODL was unintentional?
- Do you know when the first HODL meme was published and what it was?
- Would you like to visit the actual place where HODLing was launched?
Join George Levy for Bitsonline as we revisit some very special moments in the history of Bitcoin, and we explore the different ways that HODL has grown, adapted and changed over the years since the term was first coined.
Do you have Bitcoin and are you HODLing? Do you agree or disagree with the strategy of the HODL? Let us know in the comments below your thoughts about HODLing, and if it makes sense to you to HODL Bitcoin.
Images via George Levy, Bitsonline