mike's avatar
mike mike@mikehardcastle.com 5 months ago
Once Bitcoin is fully adopted and becomes price stable, then it will be used to deploy capital. I think this will be in around 5 - 10 years, but could be 15. We are in a massive growth phase right now and nobody wants to spend the greatest increasing asset currently in existence.
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Replies (2)

Hanshan's avatar
Hanshan hanshan@nostrplebs.com 5 months ago
under a Bitcoin standard and because of the hard cap you need to convince investors you can beat the rate of deflation. of course investment will still happen. but I think maxis VASTLY underestimate the dampening effect it will have on the economy. why should anyone speculate with their capital when it appreciates in value risk-free?
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Psilocyberbull's avatar
Psilocyberbull 5 months ago
Im so glad that bitcoin exists so that masturbatory pseudo-intellectual bullshit like this can eventually be put to the test
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