the US economy could remain dominant in the new century if Americans transition from fiat to Bitcoin, leaving late adopters struggling to adapt
Discussion
the emergence of Bitcoin as a worldwide reserve asset would likely usher in an era of tighter government fiscal discipline
unlike fiat currency, Bitcoin’s limited supply inherently restricts government spending and forces policymakers to operate within their financial limits
the era of unchecked deficit spending, endless wars, and currency debasement will all cease to exist
BITCOIN FIXES EVERYTHING
a bitcoin-based monetary system would curb waste and incentivize investments in long-term, lofty endeavors
Bitcoin will fund the creation of energy resources, the rehabilitation of infrastructure, and interplanetary expansion
if fiat monetary policy were no longer a factor, markets could distribute capital more effectively, leading to a surge in productive output