Exploring the Effects of a Fixed Money Supply Economy Similar to Bitcoin on Interest Rates and Capital Accumulation

The speakers explore the effects of a fixed money supply economy like Bitcoin on interest rates and capital accumulation, drawing parallels to historical uses of gold as money and discussing how the absence of banking monopolies could result in surplus capital and remarkably low interest rates. They propose that the appreciation of such a currency could incentivize increased savings, creating a plentiful source of inexpensive savings.