The so-called "hoarding problem" was debunked decades ago: http://mises.org/money/2s9.asp http://mises.org/money/2s9.asp It's still orthodoxy among academic e

The so-called "hoarding problem" was debunked decades ago: http://mises.org/money/2s9.asp http://mises.org/money/2s9.asp It's still orthodoxy among academic economists, but there isn't any historical evidence that it's actually true. More recently, this article in Forbes explains the issue more succinctly: http://www.forbes.com/sites/timothylee/2013/04/11/bitcoin-doesnt-have-a-deflation-problem/ http://www.forbes.com/sites/timothylee/2013/04/11/bitcoin-do...