Bitcoin preventing the post-high-interest-rates 2025 recession that everyone is predicting would be kinda wild.
Discussion
Wait, how would it prevent a recession? I guess it could impose discipline on monetary policy, but wouldn't that result in higher interest rates (tending in direction of 'austerity'), so more recession?
Sudden distribution of cash to a bunch of people could cause a nontrivial bump in spending, offsetting the crash in spending being predicted due to layoffs and other economic headwinds. It was mostly a joke, though, I don’t think there’s that many people with that much bitcoin trying to sell that much bitcoin with that much demand for bitcoin…