techfeudalist on Nostr: Interest rates will mostly disappear under a bitcoin standard. The world will switch ...

Interest rates will mostly disappear under a bitcoin standard. The world will switch from a debt based fiat system to an equity based hard money system.

Debt doesn’t work “at scale” because interest requires new money to be created.

Also, most people won’t lend their bitcoin for a fixed payment and risk the borrower’s bankruptcy.

The only reason to invest your bitcoin will be to own other hard assets or a share of a bitcoin business.