> the incentive to save/hoard that is typically associated with deflationary monetary systems may be weaker with BTC. I don't see how that is possible. The coi

> the incentive to save/hoard that is typically associated with deflationary monetary systems may be weaker with BTC. I don't see how that is possible. The coins may undergo a process similar to a stock split but any holders of the coins end up with equal purchasing power. The incentive to hoard does not go away if the currency is deflationary.