Question

TheSavageAnarchist
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Question

Instead of holding, wouldn’t it be better (for doge) to actually spend the currency, because then there will be more demand for doge, as more is spent, same with a fiat currency.

But if you hold, you’re taking it out of circulation which could encourage it to deflate? But then again I guess supply would also be less, but then again that depends on the elasticity of the currency? Don’t know why I’m trying to talk classical economics like that’s ever been useful on its own

Edit: NOTE, I put my entire wage into crypto every month, with my timings I’ve never been worse off, usually even gain more, and then I spend my crypto as I would with any other bank card