The #Bitcoin river will flow, everybody on earth will be downstream of it as long as they are productive. The cost of capital will be much lower, that means a higher standard of living for all. The higher upstream you got into bitcoin, the cheaper the cost of capital for you.

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Cost of capital will be much “higher” - which is a good thing.

Only productive projects are undertaken when capital is expensive.

Only necessary consumption is undertaken when capital is expensive.

When capital is cheap, frivolous activity (both investment and consumption) is encouraged.