Tough to answer in a tweet. A deflationary base money would change everything. Central banks would be powerless to stimulate or print in times of crisis. Some would cheer those changes, but the effects on spending and investment would arguably be bigger problems than the joy of seeing bankers rendered impotent. Government would be forced to hard borrow for any unfunded spending, and would likely need to increase taxation of the private sector or cut public services to remain solvent. Borrowing would become unattractive and far less common, requiring savings to be used for majority of spending. Discretionary habits of households would change and likely be curtailed. Investment would be more conservative with less risk taking, which could limit the pace of innovation. Businesses would struggle to forecast profits or finance expansions, making employment less robust. The economy would likely struggle to grow and would face prolonged structural deflation outside of periods of major productivity breakthroughs, which would be the primary means of growth. This could be counteracted by having an elastic secondary money that is used for lending and commerce alongside having the hardness of BTC for savings, similar to thriving economies past.