Post
Topic
Board Economics
Re: Cash is not trash
by
fadhilz123
on 07/04/2023, 23:45:32 UTC
what we need to know is that every cash is guaranteed and there is full recognition from the state or government so that it continues to be used and not jammed, if there is 100% inflation then the central bank will carry out an easy policy, this is of course different from a decentralized system which requires large capital to dominate the market.

Indeed, these two things are very different because they are formed from different ways. cash can only be used as a medium of exchange and its value is always fixed and protected by the state. But you will only feel one of the benefits if you continue to rely on cash at this time. While this decentralized system is a system that has strengths and advantages.

Decentralization is an effort made by the government in the context of handing over central government policies to local governments in order to regulate their respective regions. In short, decentralization is the granting of authority or responsibility from the central government to regional governments. So this is of course very different from the cash system which cannot be linked to decentralization at all because its function and use are different. Source: gramedia.com