Individuals will spend MORE on a #Bitcoin    standard because they will be saving in a deflationary currency.

When their purchasing power has increased 10-20x after a few years of saving, they will have more disposable income to spend on upgrading their lifestyle.

The biggest difference between a fiat standard and a Bitcoin standard:

Instead of borrowing money to spend (eg. credit cards and mortgages), individuals will spend their savings.

This means banks will lose their main source of income.

People like Jamie Dimon (CEO of JP Morgan) want you to stay away from #Bitcoin because it disrupts their business!