Let's say we had a situation where everything was backed by bitcoin (as a reserve currency). Governmental budgets are one of the most obvious ways in which pol

Let's say we had a situation where everything was backed by bitcoin (as a reserve currency). Governmental budgets are one of the most obvious ways in which political decisions manifest themselves and become relevant for everyday life. Do I get this right? You think that governmental budgets would look absolutely no different in such a bitcoinized world compared to how they look in the current centralbank issued money world? You don't think the fact that central banks mostly support governmental debt shapes these budgets in a non trivial way?