In a hypothetical situation, if Bitcoin were to become the new reserve currency. How would we prevent policy control on currency over the currency itself?
Banks could still hyper leverage and manipulate the value of each coin, governments will still implement their social programs and income tax. What do we do about the current debt the country owns?
I’m just reaching out and looking for someone who has the best proposal to implement Bitcoin as the reserve currency they dream for ? Or should Bitcoins end goal be completely different? Yes a capped reserve is important but can’t solve all policy choices..
XMRpriest / Saint Matthew The XMR Collector
npub1hl…tj4k2
2023-02-16 20:10:00
Author Public Key
npub1hltydjl7vxl6javgq4g9rjdzpfz8rsejvynrahtma69kmmkf26sqjtj4k2Published at
2023-02-16 20:10:00Event JSON
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"content": "In a hypothetical situation, if Bitcoin were to become the new reserve currency. How would we prevent policy control on currency over the currency itself? \n\nBanks could still hyper leverage and manipulate the value of each coin, governments will still implement their social programs and income tax. What do we do about the current debt the country owns? \n\nI’m just reaching out and looking for someone who has the best proposal to implement Bitcoin as the reserve currency they dream for ? Or should Bitcoins end goal be completely different? Yes a capped reserve is important but can’t solve all policy choices..",
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