If you are saving for retirement or for your children's education and trust cash or gold or Bitcoin more than junk bonds or negative-real-interest sovereign bonds, that is "hoarding" because you are not giving central bankers and their Wall St. and government friends their cut.https://twitter.com/StopAndDecrypt/status/1158798449141112832 …
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Replying to @NickSzabo4
I find the term "hoarding" offensive. It assumes that what I do with my money is illegitimate. That somehow I am miserly and refuse to consume or invest as others might want me to. The term is despicable in my eyes.
3 replies 3 retweets 54 likes -
Replying to @BitcoinTina @NickSzabo4
Negative/positive? History will decide I believe we'll be vindicated Hoarding is considered an offshoot of Obsessive Compulsive Disorder (OCD)but recently this categorization is being reevaluated. It's estimated that about one in four people with OCD also are compulsive hoarderspic.twitter.com/gaXkhhR6ww
1 reply 0 retweets 1 like
The terms "hoard" and "hoarding" do indeed have generally negative connotations. The term as used by bankers and their macroeconomists to describe your retirement or kids' tuition funds is malicious propaganda by people who want to take a cut of those from you & your family.
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