Global Feed Post Login
Replying to Avatar BTC_P2P

An overlooked set of outcomes that would materialize with full #Bitcoin adoption is the loss of exchange rate arbitrage.

Multinationals couldn’t exploit weak currencies to enslave laborers with their stronger fiats.

The number of people immigrating to access better capital units would be drastically reduced.

Trade balances would normalize and countries would be incentivized to produce things of value again.

Avatar
FSPQC 1y ago

🔥

Exchange AND interest rate arbitrage

Reply to this note

Please Login to reply.

Discussion

Avatar
BTC_P2P 1y ago

Absolutely.

Interest rates set by the market on a digital finite sound money will be the true cost of capital. It’ll crush all the weak ass companies who survive because of easy money.

Thread collapsed