[felipeko]

It is a good thing to be encouraged to saving instead of spending.

No one needs incentive to spend. You will spend if you have plenty to spend. Having a currency which gains in value will take you there.

[01acheru]

> You will spend if you have plenty to spend. Having a currency which gains in value will take you there.

That’s some pretty fanta-dreamy-economics. How can it possibly be true for everybody? Money from heaven?

[CaptainZapp]

> Having a currency which gains in value will take you there. Until it doesn't.

As a matter of fact crypto "currencies" are a rotten medium for saving due to their volatility.

Sure, they may go up in value. But then that's pure speculation, certainly not saving.

[eric_cc]

You can’t avoid being a speculator. Any currency or asset you hold is your speculative position. You may believe that one position is more speculative than another. But fiat currencies can go into hyperinflation and become worthless, for example.

[Daishiman]

There is no modern economic argument to favor saving over spending. What you're saying runs counter to pretty much all economic theory from any ideological camp you could think of.

[fleddr]

Economic theory has run this world into the ground in just a single human lifetime. A system that maximizes consumption is insane.

[eric_cc]

Just because an argument is not popular does not indicate it is false.