Post
Topic
Board Speculation
Re: What is the deal with hoarding?
by
humanitee
on 08/04/2013, 17:14:49 UTC
But that's what you have right now. You're making his point.

Hoarders will never get punished unless Bitcoin tanks significantly, which I sincerely doubt at this point unless there is a protocol failure.
Saving is hoarding is saving.

Furthermore, I, as a "hoarder", don't think I'll be able to buy a Porsche (even though I actually could right now), I just want to protect my money from Ben Bernanke and the organized theft of my savings. I've bought Bitcoin all the way up. It's a store of value just as much as it's a transactional currency. People seemingly forget this every moment of every day.

I see his point though, I read it wrong. It was that last sentence that threw me off, which is %100 incorrect.