How “is [it] the same thing as spend and replace.”? Do you mean theoretically because you could have bought and spent BTC? That’s an awfully metaphysical way to support the network. While I do see the benefits to strike since it habituates users to alternative spending desire lines, i don’t see how it supports the hodl ethos beyond using BTC as rails to disintermediate visa. Which is not nothing but it’s not sovereign individual behavior per se.