[digi_owl]

No people do not hoard currency, but they do hoard commodities. As such, bitcoin is at present more a commodity (its setup pretty much use math to emulate gold) than a currency. And the situation will only get worse with time.

[Houshalter]

As I said in the parent comment, there's nothing different about bitcoin vs other commodities that people can hoard.

[digi_owl]

Except that everyone is trying to used bitcoin as currency.