Would a Bitcoin Standard Slow Economic Growth? What Willy Woo Argues | Market Bitcoin (BTC) News

Bitcoin analyst Willy Woo says a fixed-supply, “sats-based” money could mean slower economic growth but fewer bubbles, responding to a 2019 challenge from economist Saifedean Ammous. Ammous had argued that a hard-capped currency shouldn’t fail, but asked for a clear explanation rather than dismissive reactions. Woo’s core link is debt: if the currency’s value rises, borrowers must repay in money that becomes more expensive, increasing default risk and discouraging lenders. He points to today’s borrowing tied to AI infrastructure as an example of debt-fueled expansion. Woo also draws a parallel to the gold standard, noting paper money/gold ratios rose to ease lending risk. He concludes the key trade-off is growth versus fewer bubbles.