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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Limited supply isn't a rule for all cryptos and it's assumed (by the crypto community) that if gov't issues a crypto limited supply won't be a feature.
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Limited supply equals gold standard. It didn’t work and was never truly followed anyway - govt just kept changing the $ value behind gold.
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always good to have a centralized party like the US government who is trustworthy enough that it won't breach its "guaranteed limited supply".
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Supply would have to be finite to avoid digitally printing more