I think in a hard money standard, it's more difficult for people to part ways with their capital because they know the purchasing power of that capital will go up over time. So they are less likely to spend on the low quality junk we buy today that we know won't last. People are more likely to seek high quality goods that last. Hard money filters out the trash. Bitcoin for the win!

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That is a believable scenario! But it's a societal change, which takes a generation, at best.