you are misunderstanding. people and businesses can still be productive and produce bitcoin denominated returns, that’s not “yield”. Operating businesses will still exist on a bitcoin standard. some will be profitable, some won’t. MSTR has been profitable in bitcoin terms since they started their treasury. One share of MSTR has more bitcoin exposure than in 2020 because his operations have been profitable in bitcoin terms. If I run a business and it costs me 50BTC but I make 60 BTC, I was profitable in bitcoin terms. that’s not yield, it’s profitable business operations. this will still exist on a bitcoin standard.

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