BMaxi on Nostr: Major #Bitcoin news outlet “Bitcoin Magazine” just published an article ...
Major #Bitcoin news outlet “Bitcoin Magazine” just published an article advocating for Bitcoin users to pay a “HODL fee.”
In an astonishing and mind blowing turn of events for #BTC , Bitcoin Magazine wrote an an opinion piece saying “bitcoin hodlers need to pull their weight too.”
Since holding or “hodling” does nothing, it seems as hardcore BTC proponents are pushing for a new rule change so holders will pay a tax for doing nothing. BTC Mag also wrote, “A call for a fee for hodling Bitcoin, to balance the fact that the mining security budget is currently paid only by people transacting, not people simply hodling.”
The “HODL_FEE” will be 50% of Median Transaction Fee (MTF) over the previous two weeks. So if the median fee is $5 for last two weeks, you will be charged $2.50 hodl tax fee. If the median fee is $20, the hodl tax fee will be $10. You get the point.
With high transaction fees going to $400 at one point earlier this year, it’s not hard to imagine high median fees and high hodl tax fees in the future.
They also changed the author to “BoB”. However the real author is David Scalzo which is the VC of Kirenaga Partners
https://bitcoinmagazine.com/technical/bitcoin-hodlers-need-to-pull-their-weight-too 
Published at
2024-07-04 06:04:43Event JSON
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"content": "Major #Bitcoin news outlet “Bitcoin Magazine” just published an article advocating for Bitcoin users to pay a “HODL fee.” \n\nIn an astonishing and mind blowing turn of events for #BTC , Bitcoin Magazine wrote an an opinion piece saying “bitcoin hodlers need to pull their weight too.”\n\nSince holding or “hodling” does nothing, it seems as hardcore BTC proponents are pushing for a new rule change so holders will pay a tax for doing nothing. BTC Mag also wrote, “A call for a fee for hodling Bitcoin, to balance the fact that the mining security budget is currently paid only by people transacting, not people simply hodling.” \n\nThe “HODL_FEE” will be 50% of Median Transaction Fee (MTF) over the previous two weeks. So if the median fee is $5 for last two weeks, you will be charged $2.50 hodl tax fee. If the median fee is $20, the hodl tax fee will be $10. You get the point. \n\nWith high transaction fees going to $400 at one point earlier this year, it’s not hard to imagine high median fees and high hodl tax fees in the future.\n\nThey also changed the author to “BoB”. However the real author is David Scalzo which is the VC of Kirenaga Partners \n\n\nhttps://bitcoinmagazine.com/technical/bitcoin-hodlers-need-to-pull-their-weight-too https://image.nostr.build/aecc3a1e009bee1a684725da062b1d20c5494a9a25d17a2859f36cdc916e8ee6.jpg https://image.nostr.build/03eb1e1a87aa0b2f0b5c57282e0d9dce25a4a07fb7f9c20216cecf4f5d44791b.jpg ",
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