Post
Topic
Board Bitcoin Discussion
Re: Why do you hoard bitcoin? Would you spend them if they were easier to obtain?
by
Mike Hearn
on 25/07/2011, 11:02:25 UTC
I've got more than I can spend right now. I'm not hoarding them as a speculative investment but rather because opportunities for buying things I want are still limited.

I don't use my credit card every day either. So Bitcoin merchants are competing for a slice of my commerce that wasn't all that big to begin with, and the goods on offer in Bitland are much more limited.

This is something that will resolve itself with time, I think. I want to buy. It's just not easy enough right now. Things like searchbitcoin help a lot. A good replacement for ClearCoin would help.