Analyst Willy Woo argues that a currency with a fixed supply like Bitcoin makes borrowing riskier, which could slow economic growth. He answers a challenge posed by Saifedean Ammous, author of The Bitcoin Standard. This thesis opposes the idea that Bitcoin could serve as a stable long-term store of value. The debate focuses on the impact of monetary scarcity on credit and investment.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
