Bitcoin Phases

Fri, 20 Feb 2026 09:00:00 +0000

This podcast episode delves into a classification of Bitcoin owners, outlining four distinct categories: HODL & Borrowers, Pure HODLers, Spend & Replacers, and Sell-to-Spenders.

Each type is examined for its unique approach to managing Bitcoin, highlighting associated upsides, risks, and overall philosophy.

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