Once Bitcoin is fully adopted and becomes price stable, then it will be used to deploy capital.
I think this will be in around 5 - 10 years, but could be 15.
We are in a massive growth phase right now and nobody wants to spend the greatest increasing asset currently in existence.
under a Bitcoin standard and because of the hard cap you need to convince investors you can beat the rate of deflation.
of course investment will still happen.
but I think maxis VASTLY underestimate the dampening effect it will have on the economy.
why should anyone speculate with their capital when it appreciates in value risk-free?
Im so glad that bitcoin exists so that masturbatory pseudo-intellectual bullshit like this can eventually be put to the test
