Post
Topic
Board Economics
Re: If the government supports bitcoin instead of the existing currency.
by
ufaiz50
on 24/10/2019, 17:09:36 UTC
Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
Bitcoin still has a very high risk, one-sided ratio. Instead of removing macro-control, what if they created their own crypto and their citizens became the community. There are many ideas in my view, regarding blockchain technology and how to keep the government getting many benefits after adopting crypto.