Hey,
I am right now a little bit researching about financial stability and monetary policy.
It seems that monetary policy through a central bank is pretty important for the global financial stability.
For example if there is a financial crisis, central banks try activly to stabilize the financial system.
If Bitcoin would replace fiat money and such a crisis would occur, wouldnt this lead to long term financial instability?
It is precisely at this time that causes a monetary crisis in a country is due to the bank policy that only benefits to their people and instead take advantage by draining the small people who do not know anything. they are all forced to pay a large interest even greater than what they borrow from the bank. bitcoin present offers to us to be free from our dependence on the bank. so I think the monetary crisis can be pressed with the bitcoin system right now.