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
Same as now. Buyers pay with crypto, then stores have that money to spend as they please.
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In that case, no different in terms of national debt. Just another debt instrument from the government. May as well print money.
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Bitcoin did not create debt. Why would any other crypto create debt? Not arguing, just trying to understand.
End of conversation
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