I think bitcoin will eventually create a less speculative and less leveraged society. Less, but higher quality businesses. Less trading. More shrewd and real investments, rather than the current fiat-driven market dynamics.
Discussion
Agree 100%, the transition will be fireworks though!
I agree and hope so š¤
šÆ, it's one of the properties of increased transparency - less volatility, less speculation, more value based on real, tangible things.
Keynesian economists wont believe it.
Agreed.
It will take a generation, at least, to implement.
Sound money doesn't make people hoarders; it makes them more calculated and considerate capital allocators.
Real investments?
Nah
Why would anyone āinvestā in anything that is trending towards 0.00 sats
If your money is gaining purchasing power then there should be no reason to āinvestā in wellā¦. Anything lol