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1 sat \ 5 replies \ @kr OP 13 Mar \ parent \ on: How many BTC is Coinbase worth? bitcoin
why are interest rates invisible on a bitcoin standard? you think all credit will completely disappear?
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0 sats \ 4 replies \ @Coinsreporter 13 Mar
No, but it won't be like today. It will be replaced by a barter system and people will be accepting the same amount that they would lend. No interest rates at all. Currently why everyone wants interest on their money because their money or their mindset simply relates with inflation.
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1 sat \ 3 replies \ @kr OP 13 Mar
why would you bet on a barter system that basically has zero historical precedent at scale?
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0 sats \ 2 replies \ @Coinsreporter 13 Mar
Not a barter system that happened in history. The new barter system should be based on Bitcoin. In this new system, we should barter only Bitcoin, not one thing for the other.
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1 sat \ 1 reply \ @kr OP 13 Mar
how is that different from the way people “barter” dollars today?
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0 sats \ 0 replies \ @Coinsreporter 13 Mar
That's all we have been talking for years now. Excessive printing, centralized and devaluing and corruption agent.
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