22/10/2025
Just Jordan Peterson and Michael Saylor discussing Bitcoin. Sounds great right?
The consequences would be …..
1. **Asset Deflation**: Stocks, bonds, real estate, and gold prices plummet as investors flock to Bitcoin, crashing traditional markets and wiping out trillions in wealth.
2. **Corporate Starvation**: Companies face funding droughts, halting expansions, R&D, and hiring—leading to mass layoffs and economic contraction.
3. **Banking Collapse**: Banks lose deposits en masse, triggering liquidity crises, bank runs, and potential systemic failures without central bank bailouts.
4. **Global Recession**: Reduced capital in productive sectors stalls innovation and infrastructure, amplifying unemployment and poverty worldwide.
5. **Bitcoin Hegemony**: BTC becomes the de facto reserve asset, but volatility risks hyperinflation/deflation cycles, destabilizing even its dominance.