I don’t see how debt continues to be widely used under a hard money (bitcoin) standard. The fiat world is based on debt. I expect a bitcoin standard to be based on savings and equity (profit sharing).
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True, loans will be risky for the loan maker & costly for the person in debt. So the supply & demand should both be much lower than today where the cost of making a loan is zero & the cost of servicing debts is eroded over time by inflation.