Comment on Instant Bitcoin Purchases at CoinbaseparentComments−Nursie13yThe purpose of bitcoin is hoarding and speculation.−ferdo13yThey're your bitcoins. You can do whatever you want with them, unlike fiat.−eeky13yCorrect, bitcoin lets YOU hoard and speculate - which is a healthy mechanism in a free market. In our current fiat debt based system, it's mostly corrupt inside traders who get that privilege.−Nursie13y> Correct, bitcoin lets YOU hoard and speculate - which is a healthy mechanism in a free market.Not exactly healthy for something that's supposed to be either a currency or a payment method though.
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The purpose of bitcoin is hoarding and speculation.
They're your bitcoins. You can do whatever you want with them, unlike fiat.
Correct, bitcoin lets YOU hoard and speculate - which is a healthy mechanism in a free market. In our current fiat debt based system, it's mostly corrupt inside traders who get that privilege.
Not exactly healthy for something that's supposed to be either a currency or a payment method though.