MIT Bitcoin Expo 202: The New Normal Entrepreneurial Capital Allocation in a Sound Bitcoin Economy
MIT Bitcoin Club
Max Hillebrand argues Bitcoin's fixed supply lets entrepreneurs measure profit as a percentage of total money supply—impossible in fiat systems. Bitcoin's appreciating value, however, penalizes long production cycles: capital gains from holding satoshis exceed business returns, favoring saving over investment. This reallocation from inefficient to short-term projects corrects fiat-era malinvestmen
https://relay.towardsliberty.com/75d97b576f03a39578efe434f731362a1b7b5dc33115fa5e1bb61361b0c16aaa.mp4
MIT Bitcoin Club
Max Hillebrand argues Bitcoin's fixed supply lets entrepreneurs measure profit as a percentage of total money supply—impossible in fiat systems. Bitcoin's appreciating value, however, penalizes long production cycles: capital gains from holding satoshis exceed business returns, favoring saving over investment. This reallocation from inefficient to short-term projects corrects fiat-era malinvestmen
https://relay.towardsliberty.com/75d97b576f03a39578efe434f731362a1b7b5dc33115fa5e1bb61361b0c16aaa.mp4