The Coin Files on Nostr: Under a #Bitcoin standard, companies that are highly leveraged with lower quality ...

Under a #Bitcoin standard, companies that are highly leveraged with lower quality services and products would be flushed out.

Bailouts and the socialization of losses would be a thing of the past.

The misallocation of capital and malinvestment would be minimized as central authorities would no longer be able to distort market signals through monetary policy.