My point is 'hoarding' bitcoin is better for bitcoin than hoarding pm, bonds, stock etc.   Spending bitcoin is better for bitcoin than spending fiat.  And should Bitcoin's long-term deflationary nature lead some to save a bit more and spend a bit less, whilst this may not be ideal to fledgling bitcoin-dependent businesses right now I'm tending to think it can't be a bad thing for the Bitcoin economy further down the road.