Quote from: wareen on October 05, 2011, 10:18:24 PM

Speculations and beliefs are not sufficient to win an argument but that's not the point. Fact is, that you don't know who owns how many Bitcoins and what he/she has or has not contributed to Bitcoin.

I'm honestly not even sure what you want - if somebody has mined a couple thousand BTC, stashed them away for long-term savings and now regularly buys some BTC to spend them within the Bitcoin-economy he is an evil hoarder? Does it matter if he saved the BTC in order to send his kids to college in a few years or to be able to afford treatment should he ever get sick? Is such saving only allowed in USD or real-estate by your thinking?

Anybody holding BTC long-term and not selling them for something less volatile is a believer in Bitcoin, as it might very well be that they lose all their value. If you don't believe in Bitcoin that's fine, but please don't complain about those who do.

I dont think savings is hoarding. I think savings is really lending or investment.