30 sats \ 2 replies \ @0xBTC OP 13 Jul 2023 \ parent \ on: Opinion: Why BTC can't become the reserve currency bitcoin
Yeah, that sounds like a nightmare.
To me it does not.
In a Bitcoin world, housing would become cheaper over time compared to your savings.
Also, the price of housing (in terms of hours of labor) would likely be much lower in general because housing and real estate currently hold a massive store of value role in our economy that would be greatly reduced in a hard money world.
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that was how all the empires worked before Keynesians.
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