FF8: Blogread: HODL'ing is a Human Action

Summary: This conversation explores the unique nature of hodling Bitcoin as a distinctly human action, contrasting it with the capabilities of artificial intelligence and the challenges faced by institutions in maintaining Bitcoin holdings. The discussion highlights the limitations of AI in predicting human behavior, the inherent pressures on institutions to sell, and the potential for governments to hold Bitcoin more effectively than companies or pensions. Ultimately, it concludes that hodling Bitcoin may become a defining characteristic of humanity in the digital age. Takeaways: Hodling Bitcoin is a uniquely human action. AI cannot accurately predict human actions. Institutions face significant pressure to sell Bitcoin. MicroStrategy exemplifies an institution that hodls effectively. Governments may have a lower time preference for Bitcoin than companies. Pensions are unlikely to hold Bitcoin long-term due to fiduciary pressures. Bitcoiners leave less digital footprint for AI to analyze. AI's predictive models will struggle with Bitcoiners' behavior. The pressure to sell Bitcoin is too great for most institutions. Hodling Bitcoin may become a way to prove humanity in the digital world.