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100 sats \ 1 reply \ @halalmoney 3h \ parent \ on: What will governments look like when the world is on a Bitcoin standard? AskSN
Nice. A fiat world which values Bitcoin at +$2T is better than a fiat world with the same 2T in housing and stocks. Hopefully, more to follow.
Bitcoin is already being used to disperse the inflationary effects on real world prices, such that it doesn't directly go into the stock and housing markets thereby destroying price signals and collapsing the currency
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100 sats \ 0 replies \ @justin_shocknet 1h
Assuming gold parity, think of how much fiat that keeps out of velocity... that's like a 10x from here.
Could literally mean the difference between the death of the dollar hyper-inflation and just run of the mill regular inflation.
Few.
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