Post
Topic
Board Speculation
Re: What is the deal with hoarding?
by
humanitee
on 08/04/2013, 18:40:36 UTC
Why?

Because it will crash as soon as newcomers will stop bringing their money into system. It will not stabilize, but crash. This system was not intended to be a pyramid, but it acts like a pyramid. Early adopters are going to get rich because late adopters are going to loose money.


Deflation is a pyramid, honestly. The only difference being it benefits everyone with savings in that currency.