[lottin]

Well, this theory is easily refuted by the fact that there are governments that have the same degree of power and control over the economy and don't wreck the economy. Some governments cause hyperinflation, but most don't, even though all are in control of the money supply. The fact that a government can mismanage the economy doesn't mean that it will mismanage the economy. In fact incompetent governments such as the Argentinian government are not that common. In many parts of the world the rule is for governments to be competent, or at least to be competent enough to not cause an economic catastrophe.

[jfroma]

Unfortunately data is not in your side. Most countries do not have economic freedom, moreover the less the economic freedom the worse the living conditions [1].

You might think that any country controls their money supply, that’s a fact. But can Biden for example, double the monetary base with his sole signature?

People in those countries could have great aspirations, to have a fair system, a working democracy, a better government and all that… but don’t forget they also need to live in the meanwhile, while fixing all those problems.

I’m not a user of crypto currently, but I see it as a way of shifting power. Similar to what the internet did for information.

[1]: https://www.heritage.org/index/ranking

[lottin]

All I'm saying is crypto is not going to make the institutions of your country work any better. Don't create the illusion that crypto solves a problem that it doesn't solve.