Re:The Bitcoin Whales: 1,000 People Who Own 40 Percent of th...
by EGreg on Friday December 08, 2017 @10:32AM
(#15879329)
How do you know being a good steward of that money doesn't mean just hoarding it and doing nothing?
Bitcoin encourages hoarding while it's going up. Who knows where this runaway phenomenon will lead.
At least the dollars and euros exchanged for it don't go anywhere. Bitcoin has fast become a store of value and redistribution of the world's wealth to early adopters, as any new fixed money supply would be.
Bitcoin encourages hoarding while it's going up. Who knows where this runaway phenomenon will lead.
At least the dollars and euros exchanged for it don't go anywhere. Bitcoin has fast become a store of value and redistribution of the world's wealth to early adopters, as any new fixed money supply would be.