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Replying to Avatar Bennu Breath ð“…£

Haha, yeah, there was a mistake and I took it down and corrected.

I get where you're going with your thought experiments. As I understand on a pure Bitcoin standard lending and borrowing will be very unattractive and things like capital injections for a quick business start or government spending allocations will be more of an exception than the rule. We will go back to natural, consistent growth which may take generations, but is sound.

That's a whole new attitude for people to get acquainted with and aware of though. As it looks now, we'll have quite a long period of Bitcoin-fiat hybrid situation. Yes, credit markets with money generation option (fiat) will end up a Ponzi in one way or the other.

However, during this hybrid period wouldn't it be nice to make that step and decentralize the lending-borrowing markets as much as possible and bring them closer to the Bitcoin reality of sovereignty and freedom?

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mike 7mo ago

Agreed.

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