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The part where a government manages a currency can be bad because it can be mismanaged, which could lead to things like hyperinflation. The good part of the go
by ajhurliman 9y ago
The part where a government manages a currency can be bad because it can be mismanaged, which could lead to things like hyperinflation.
The good part of the government management is the part where they investigate instances of counterfeit, but that part's already taken care of with cryptocurrencies.
- taejo 9y agoA major good part of management (whether by the government or a semi-public reserve bank) is that it can have adjustible monetary policy (add/remove currency to/from circulation to promote growth or prevent inflation).