Post
Topic
Board Economics
Re: why the state does not print a lot of money?
by
Janation
on 21/06/2018, 04:20:36 UTC
It is impossible. There are certain rules and regulations, which don't allow just printing. Each coin should be supported by something. If everyone would be able to get as much money as he or she wanted it would be a chaos


Not really chaos but that will be a bad thing about the economy. Bitcoin is a decentralized crypto currency the reason it is volatile, no one can control it unlike fiats where the government has the control to the circulation of money in their country. Also, if the government print a lot of money, not all of the people will get it, it might be used to develop the country or pay the debts but I don't think they will do that since as I said, it will be a bad thing to their country's economy.