pull down to refresh
100 sats \ 2 replies \ @Undisciplined 5 Jan \ parent \ on: What does credit and lending look like to you under a Bitcoin standard? bitcoin
Succinctly put and I think that's the main difference. There's less incentive to "save" in the modern sense (which is really just lending), because actually saving an appreciating currency more than preserves purchasing power.
That should mean that real interest rates (interest rate above inflation) might be higher on a bitcoin standard. However, nominal interest rates will likely be lower.