An important thing to consider with bitcoin adoption is how a deflationary currency disincentivizes consumption, and encourages the demonetization of the extraneous in our lives. Bitcoin is consistent with a steady state economy that selects for elevated quality of life over unsustainable expansion.
Discussion
I feel like I missed something. 🤔 A lot of zapping going on right now when I picked up my phone
Thoughts on how big purchases, that would typically require loans, could be made under a Bitcoin standard?
Student loans: ISAs could work under a BTC standard. Though I think the standard would bring costs down.
Home loans: similar to ISA?
Thoughts?