21 sats \ 0 replies \ @billiam 5 Jan \ on: What does credit and lending look like to you under a Bitcoin standard? bitcoin
The question is: Will a fixed money supply lead to economic collapse? And will lending work?
https://www.swanbitcoin.com/why-a-fixed-supply-money-does-not-lead-to-economic-catastrophe/
I think that fractional reserve banking is sort of baked into our gens. Our brain will always go for it.