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by grondilu
3156 days ago
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One thing governments could do is this: - Create a digital token system that can be exchanged and accounted freely via a centralized server. - Give it a name. Don't even call it a currency, let people use it as money if they want to. - Give a limited amount to any citizen who wants some. Or maybe sell it, whatever. Just figure out a way people can get some. It can't be so hard. - Promise there will never be more than some fixed amount in total. Only governments could do something like that because despite everything, most people trust them about money. It'd be kind of a mixed between the different money systems. |
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This is a database
> - Give it a name. Don't even call it a currency, let people use it as money if they want to.
A token that is used as currency is currency
> - Give a limited amount to any citizen who wants some. Or maybe sell it, whatever. Just figure out a way people can get some. It can't be so hard.
How will the token have value if everyone receives it for free?
> - Promise there will never be more than some fixed amount in total.
No one will fall for this again. Governments always print money to fund its own projects
> Only governments could do something like that because despite everything, most people trust them about money.
Bitcoin's price goes up because people don't want to trust government with money