If the government created and issued a government-backed crypto currency to all citizens (or just low income people), and ordered all businesses that are able to accept it do so, explain in comments how that would play out? Good or bad? #cryptocurrency #coronavirus
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Other countries have fast and free payments without involving a pointless blockchain step
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Plenty of companies are accepting crypto.
End of conversation
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Cash is instant, national debt will be created either way.
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We're learning in real time that there already isn't a such thing as the national debt. In an unsound money era, it means nothing. It's all a big house of cards, and the system will work exactly until it doesn't
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would you be able to exchange it for cash?
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National debt is debt that will be ultimately defaulted on (inflation or country default)
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