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In this episode of our series, the complete vision of a functioning Bitcoin standard comes into focus. We discuss in more detail how a credit structure built entirely on Bitcoin is 100% achievable.
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Principles of Liquidity | The Twilight of Gold Series | Episode 8 (WiM166) @ProgrammableTx and I discuss: -Liquidity Principles in the Bitcoin Era -The Difference Between Money Supply and Purchasing Power youtu.be/xQ2GYfN7W7M #Bitcoin
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This thread from inspired me greatly. We end the episode reading the thread out loud but it's better to see it for yourself.
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A mildly deflationary system where BTC supply goes up 0.25 - 1% p.a. while output goes up 1.5-3% p.a. is perfectly capable of supporting a credit market. The durations, however, would be short: 5-10yr home loans; 1-2yr car loans, etc. Debt-laden balance sheets would be minimized.
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