People who get upset at "hoarding" are Keynesians. Don't blame them though, they've probably been educated in public schools.
What kind of elitist nonsense is that? What difference does it make about public vs. private education? Money makes you smarter? 
Topic: Whats wrong with hoarding bitcoins? - page 2. (Read 3745 times)
People who get upset at "hoarding" are Keynesians. Don't blame them though, they've probably been educated in public schools.
Whats wrong with hoarding bitcoins?
Nothing. What's wrong with those who think that saving money is bad?
Why do I keep getting this negative vibe from people as soon as they hear that word? Whats the difference between 'saving' and 'hoarding'? what is the difference between hoarding/saving virtual currency and physical goods? We hoard our entire lives, we collect stamps, buy cars, houses, and all sorts of junk, but for some reason that's OK to do, wasting your money on some meaningless junk is OK, OH REALLY?!
If you say hoarding is bad because it will slow economic growth, I say, good riddens, if the market does not know how to produce something more valuable than some imaginary coins then maybe the economy should not be growing in the first place!
If you say hoarding is bad because it will slow economic growth, I say, good riddens, if the market does not know how to produce something more valuable than some imaginary coins then maybe the economy should not be growing in the first place!
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