Hey all, I'm sure I'm missing something, but with everything that's going on it's got me wondering how it would be different if the world used 100% bitcoin instead of fiat. Obviously there are only 21 million bitcoin going to be created and recessions and corporate bankruptcies are almost inevitable over the long term. So without the ability to print new bitcoin to bailout big companies what would happen? Lets use airlines as an example, it would obviously be impossible to live in the world as we know it without airlines, so in the hypothetical event they all went under how would they be bailed out?
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