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42 sats \ 0 replies \ @justin_shocknet 5 Jan \ on: Mandibles scenario: what do we do with the 98% nocoiners? conspiracy
People that don't have any assets will continue to have no assets, nothing changes, except they'll be more upward mobile without the Cantillon effect on a Bitcoin standard... They'll also have their debt deflated away, which is positive.
Nocoiners with good assets lose some of the monetary premium vs Bitcoiners in those assets, but income from those assets will rise with fiat debasement and provide sats-flow.
It's the zombie assets that evaporate along with the zombie institutions that own them.