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.
The Coin Files
npub1w6…w4fzu
2024-02-08 16:58:05
Author Public Key
npub1w6cjjl03lzgn3gj42uyh9myaqsukqcp7h2z6p35sml5sx8temy6qxw4fzuPublished at
2024-02-08 16:58:05Event JSON
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"created_at": 1707411485,
"kind": 1,
"tags": [
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"content": "Under a #Bitcoin standard, companies that are highly leveraged with lower quality services and products would be flushed out.\n\nBailouts and the socialization of losses would be a thing of the past.\n\nThe misallocation of capital and malinvestment would be minimized as central authorities would no longer be able to distort market signals through monetary policy.\n",
"sig": "c6e52f7b405f95226140fafcd6003a16b056013e2af90b88d928e8fa2c3030738f59545eed61a2ba14340360990183adb03223c762b3bfadc004adb621c0c5cc"
}