Post
Topic
Board Bitcoin Discussion
Re: Storing of Bitcoins is against Bitcoin.
by
Kprawn
on 24/02/2016, 14:45:41 UTC
This sentence makes no sense to me. Stating that "Storing of Bitcoins is against Bitcoin" is the same as "Storing of GOLD is against GOLD". The purpose of a currency is to facilitate trades AND be a useful value storage tool.

The idea behind it is how one looks at bitcoin. As a speculative asset you hold just to increase your wealth? Or as a currency people use daily. There's nothing wrong with holding bitcoin. Just that there are a lot people viewing it as an asset such as gold. Bitcoin is not meant to be an asset, it is meant to be used as a currency. That is why OP says that storing bitcoin is against the purpose of bitcoin

The OP has a hidden agenda, because he/she wants people to spend Bitcoin and in the process increase the chance that they might spend it on his services. {Live

webcams} If everyone is hoarding Bitcoin, less would be available to be spend on his/her site. I find the best approach to this is too have a even balance, between the

amount you hoard and the amount you spend. Let's hope a 50/50 ratio would still stimulate trade and also increase the price.  Roll Eyes