One thing I can't really see an answer to is how credit creation would work on a Bitcoin standard (or gold standard for that matter) as the system would be fully reserved and not fractionally reserved as the current standard is...
I don't understand what you mean by credit creation, and for me, it was not design to be like that. It could be monetary system for now, but it doesn't mean you can just loan and lend bitcoin from someone.
Wouldn't this mean there would be a limited amount of credit available to lend out then? Which could then hinder economic/growth expansion? Would be great to get an explanation on this, thank you
It's not the limiting factor of bitcoin though, it can grow by itself and again it's not like a magic bean that will solve every problem of a countries as far as economic and financials. We can buy and invest on bitcoin and hold and wait for the right time to sell to make profits, simply as that.