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Sure those would be better than printing $ although more politically difficult. For Italy it’s not about monetary easing but not being able to devalue the lira since their wages are too high. Absolute minimum requirements for a single global currency are the "four freedoms":...
In a world of stable or deflating hard currency, presumably people will have to learn that sometimes nominal wages decrease.
They would all fall at same rate in a deflationary scenario. But Italy’s wages need to fall relative to Germany etc so exports can become more competitive. Also people need to be able to move from high unemployment Africa to USA for a global currency union to work.
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isn’t ready for bitcoin to replace regional currencies whether just BTC or leveraged. Regions need free movement of labor & close economic integration for single currencies to work like the US. Europe not working because Italy can’t devalue lira to regain competitiveness