<oembed><type>rich</type><version>1.0</version><author_name>techfeudalist  (npub1nz…0yxqu)</author_name><author_url>https://nostr.ae/npub1nz3cd3mx4jf9paxwrdgqvchaprjdge9pj9t58mkusw74q5saajkqu0yxqu</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>Interest rates will mostly disappear under a bitcoin standard. The world will switch from a debt based fiat system to an equity based hard money system. &#xA;&#xA;Debt doesn’t work “at scale” because interest requires new money to be created. &#xA;&#xA;Also, most people won’t lend their bitcoin for a fixed payment and risk the borrower’s bankruptcy. &#xA;&#xA;The only reason to invest your bitcoin will be to own other hard assets or a share of a bitcoin business.</html></oembed>