Post
Topic
Board Economics
Re: I hoard bitcoin, and I spend too.
by
Pokerfan
on 26/11/2013, 14:12:50 UTC
You can't hoard and spend, it's pretty much either or!

You can hoard bitcoin and spend bitcoin at the same time.

Fiat -> bitcoin -> hoard BTC.
Fiat -> bitcoin -> spend BTC.

Each time you want to spend bitcoin, just buy BTC with fiat and then spend BTC. Your BTC savings account does not decrease!