Comment: The ability to hoard is critical for wealth storage.

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The ability to hoard is critical for wealth storage.

It isn't a negative at all. The ability to hoard - actually the ability to preserve purchasing power over time is an absolutely critical part of a wealth store. Which is what gold is.

The actual use of gold as currency is secondary and detrimental to its primary good; the ability to store value through time.

If you want to gain understanding about gold in use, the are two exceptional references. One is the writings of Antal Fekete; the other is the writings and discussion at FOFOA.