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It's ironic for a comment about Bitcoin to call people assholes for hoarding. Cryptocurrency is all about making a system which works because people act in their self-interest. If they wanted people to use it and not hoard it, they should've made it easier to spend, or harder to hoard, i.e. inflationary.


Hoarding is about intent, different from saving. Acaparar in Spanish. To take up all there is for yourself, so others have nothing and suffer in need. Whereas saving is sacrifice, so someday there can be something to give in an exceptional situation. Or in an exceptional opportunity, as in investment, but this is secondary, because the purpose of this secondary interpretation is subjugated to the primary interpretation, to eg invest to get a good return to at some point rescue an orphaned grandchild.


A fixed block subsidy, i.e. purely linear emission, is disinflationary, rather than inflationary, with the yearly supply inflation after n years at 1/n. That is large enough to deter speculation for several decades at least.




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