Post
Topic
Board Economics
Re: More Money Problems that Bitcoin Solves
by
o48o
on 17/01/2023, 14:32:50 UTC
Exploring possibilities of bitcoin? Possibilites like not having a change to print more money as a buffering system to protect governments from catastrophes?

Just because bitcoin would be a tool for you fighting against inflation doesn't mean it would be such for any government. At the moment it's too volatile for any government to take a risk even investing into it. And inflation isn't really a problem as long as it stays in control and don't spiral out of control. It's only problem if you think fiat money as long time storage for wealth, which it's not. It's a tool for transactions and with a high liquidity and being not so volatile it's a good tool for that.