Everybody talking about economy reopen but problem

[OpenCryptoSystem]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

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[jackg]

But there is inflation? Where are they getting this money from?

Governments aren't going to entertain any investments in crypto unless they're tiny enough to not make much of an impact and then it won't do anything for them. And thisd cause inflation still, what if everyone's holding? There are going to be a lot of holders and a lot of preassigned otc sales already.

[Hippocrypto]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

That idea was too hard for the government regulators to implement, because we all knew bitcoin's character was volatile. What if for example, they'll able to convert 60% of each country's money and turned out as digital currency btc then suddenly it will collapse of its value. We don't know yet the effects, there might be much worst that would going to happen and I guess inflation could abruptly arise which is so difficult to recover unless demand increases so fast.

[OpenCryptoSystem]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

That idea was too hard for the government regulators to implement, because we all knew bitcoin's character was volatile. What if for example, they'll able to convert 60% of each country's money and turned out as digital currency btc then suddenly it will collapse of its value. We don't know yet the effects, there might be much worst that would going to happen and I guess inflation could abruptly arise which is so difficult to recover unless demand increases so fast.

Volatality ?
Not a problem with that heavy money btc will go to 300k
And with that big capital and limited supply and halving
Well its safe bitcoin only are volatile with small capital
Omce money is heavy it will be 100x deflation for btc

[OpenCryptoSystem]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

That idea was too hard for the government regulators to implement, because we all knew bitcoin's character was volatile. What if for example, they'll able to convert 60% of each country's money and turned out as digital currency btc then suddenly it will collapse of its value. We don't know yet the effects, there might be much worst that would going to happen and I guess inflation could abruptly arise which is so difficult to recover unless demand increases so fast.

Too hard ? Ok but then what they use ?
Btc are suitable as ledger the buffer to record and save wealth on it

[harizen]

..so by march i hope btc price 500k eth 50 at least..

This reason alone is enough not to consider pushing it.

It's not that simple to execute and it will raise lots of "what if" questions that needed to be addressed. Economists aren't that dumb not to consider volatility even how positive bitcoin's future is.

We are just thinking too much because of the current situation. The economy will surely rise once the curve flattened and it's currently on progress.

[goaldigger]

This is not easy as we think and of course, the government will not buy Bitcoin that much this is far from reality. There’s a lot of things to be consider when we are talking about the economy, one thing here is that the inflation are rising and same thing with the world debt. The economy will recovers years from now, but not in terms of months.

[kiki8899]

If the bank invest bitcoin a lot, even 50% or 60% like you said, it may be helpful to solve problems like inflation, But the bank also lost its original function and may eventually lead to bankruptcy.

[Yum Bravo]

No, I don't think it works, in different countries, the bank have different abilities, if they spend a lot in bitcoin, it will influence their features and disturb people's life.

[KINVAN SUE]

I personally think that reopening the economy is better than closing it.
Now the trend of globalization economy is strengthening. If the economy does not reopen, it means that we cannot use cheap foreign labor, nor can we take advantage of our advantages, which will have a certain impact on our economic development.
But again, if the economy reopens, it will also face some problems, such as regulation and competition.

[GreatArkansas]

For me, Banks will never do it. They are afraid to lose their customers, they will start to lose income too. Bitcoin is the number 1 threat for the banks.
Bitcoin aims to solve the problem in traditional banking.
Economy will get back to track in a normal way, people will start to learn and realize how suck the current economy and that's the time they will start to introduce in Bitcoin.

[orions.belt19]

I don't think buying crypto will become a quick and easy fix for world economy. There's no saying that the price will go up, whether or not "heavy money" is put into it. Even large financial institutions are scared of putting too much into crypto. JP Morgan specialists predicted that crypto will surpass $146K then double backed when a few days after the BTC price fell below $30,000. After that, they said that BTC will never surpass $40,000 again. Not everyone can stomach the volatility of crypto.

I agree that reopening the economy poses a problem especially with the pandemic going on. Distribution of vaccines does not guarantee lesser infections and transmissions. However, not reopening is probably even worse both for people and businesses. Unless we help each other rebuild the economy and flatten the curve, economy will continue to suffer. Inflation has gone way up and I feel like were just in the midst of a crisis.  

[Latviand]

But there is inflation? Where are they getting this money from?

Governments aren't going to entertain any investments in crypto unless they're tiny enough to not make much of an impact and then it won't do anything for them. And thisd cause inflation still, what if everyone's holding? There are going to be a lot of holders and a lot of preassigned otc sales already.

Maybe the governments already thought about that and only some countries do have the guts to engage in cryptocurrency.

For some people, bitcoin and other coins can be the answer to inflation but for the governments? I think it is not that worth it.

Maybe the government should focus on those businesses and opportunities where they can still operate safely without violating any rules and protocols. Cryptocurrency is also a good investment but not for the government, that's why they make bitcoin a decentralized finance, so that people have freedom with their assets.

[AicecreaME]

This is a great idea, however not all of the Government around the world would take this as a plan to recover the economy and to defeat inflation, given that most of the Government officials are corrupt and greedy even though it's not their own money. And as you were saying that volatility is not a problem if they have bigger capital, that is only if they are willing to take such risk for their country. Most of the time they will just ignore this fact that cryptocurrency is the key to their problem.

[hugeblack]

Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc

According to some data reported by MicroStrategy, we need companies to invest less than 3% of their net assets to get a price higher than $ 500,000.
An investment of 60% may make the price reach several million dollars and may lead some governments to try to attack the network in order to achieve losses for other governments.

Do not expect governments to enter and buy Bitcoin, even if they do so, it will be through investment funds and not buying quantities from exchanges.
They can also confiscate some money and accept taxes in cryptocurrencies.

[Leviathan.007]

You are talking about the centralized banks enter the crypto market and bitcoin. But governments won't let any bank to do such think because by doing so, they enter to a decentralized network with unclear transaction and it's against the governmental regulations. Because, this will be much harder to trace the transactions for the governments and while they do need a transparent transaction system. Bitcoin is super awesome for us to invest on it but not the banks and the governments.

[youdacapt]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

World economics does not work the way you have analyzed; It is true that governments are trying to re open the economy and ofcourse it has to be opened soon to ease the burden of inflation. Also you need to understand that Banks or governments putting money into etherum or bitcoin would not affect a country or the worlds economic situation in any way. Let us continue to encourage everyone to stay protected so that the pandemic will subside and the economy can be opened.

[Mauser]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

I can't fully follow your idea. You argue that all governments around the world should be buying bitcoins? I think most countries are actually in need of capital to support their economy and help out people in need. Also the corona vaccines need to be bought.

[sunsilk]

Your suggestion isn't ideal. No government wouldn't do that. They're aiding more people with the fight against the coronavirus 19 pandemic and as you see, there are more printed money coming to the economy just to sustain people's life.

Bitcoin is volatile, they can invest in it but there's no guarantee with what you're saying. That description and prediction you're giving might be one reason why many are still don't like it even til' now.

[Oasisman]

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation.

Seriously, majority of the government wouldn't do that. Instead they'll make their own digital money.
Though there were some local government units like Miami has showed interest with Bitcoin and their mayor wants to allocate some investment budget to Bitcoin but it's not to avoid the inflation, but for their city's Innovative progress.

This idea ain't easy to execute, and won't probably happen.

[error08]

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation

LoL, so funny, the money still there, it's not vanished into thin air.
spend 60% money on btc and eth will cause a sudden pump to crypto and it will crash afterward because people cash out take profit, it becomes fiat currency once again, an endless cycle.
After all, it's an impossible idea from the beginning.

[iamsheikhadil]

60% of the total world wealth into crypto? Lmao. That will create more problems than there can be any problem by simply reopening markets and economy. Plus, many governments and politicians are against crypto and many are for their lack of knowledge about crypto and neither do they want to learn about it so why would they do that? They just get their salary and enjoy their lives.

[OpenCryptoSystem]

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation

LoL, so funny, the money still there, it's not vanished into thin air.
spend 60% money on btc and eth will cause a sudden pump to crypto and it will crash afterward because people cash out take profit, it becomes fiat currency once again, an endless cycle.
After all, it's an impossible idea from the beginning.

People dont cash out if bAnks and goverment are biggest holders
Well you can put sell order to you sell all your coins but whos gona buy ? The banks !
And then you want to buy ? You put buy order 500k they dont sell you put even "3 mil they still dont sell
U see who got most of the coins will decide

[aysg76]

Firstly, they won't invest in stuff they can't control.
Secondly, if they do then they will be in control soon as a major amount of coins will be in there hold.

[bits4books]

"Let's print a lot of money and then invest it in ETH so that everything would be fine" - this is certainly an interesting and entertaining idea worthy of doctoral dissertation and study in advanced universities... Only here, except in medical universities, in the study of mental disorders.
I will tell you a secret - if you pour a lot of other currency into one currency, then the second currency will not become more valuable. Why? Because it still comes from the first one.

[OpenCryptoSystem]

"Let's print a lot of money and then invest it in ETH so that everything would be fine" - this is certainly an interesting and entertaining idea worthy of doctoral dissertation and study in advanced universities... Only here, except in medical universities, in the study of mental disorders.
I will tell you a secret - if you pour a lot of other currency into one currency, then the second currency will not become more valuable. Why? Because it still comes from the first one.

Its for protection against inflation and hyperinflation
Too much money in the world it need to be on btc or eth
The btc and eth are good way to put most of the money on there
This way  the value of fiat is good i dont like inflation
You dont like inflation

[Casdinyard]

In the first place, do government have the rights to risk the money of their people? Definitely not. Taxes are meant for funds to be used only in different sectors, including their plans for the betterment of a country. "But their intention is to make the funds bigger", If we are having assurance in this market, all of us should be rich by now. The market is volatile in nature which gives or makes risk from doing so. Also it will be against the society. Ofcourse if it will be effective, many people will be happy but if it is not, then expect the worst. Given that assurance is lacking, governments should be only focusing to what's best for the money without considering any risk.

[Princejebs]

Your comments sound like that of junior member.   it's a joke by the way.
Banks doesn't work the way you view it and you don't just wake up one night and assume bitcoin will go to $500k, what if the price tank back to $5k,how are you and the bank justify such an action ( just an assumption).
Some private banks hold bitcoin including their employers, so the idea of th getting on baord is something of the past but thinking the way you assume is a no no for the banking sector.

[FlightyPouch]

They are having a problem managing the funds to be able for that fund to go around the country. If they will be putting it all on crypto currencies jus because it pumps in a week or two, they will never be able to make that fund go around. Right now, they should focus on managing the risks that can cause them more money in the future because of this pandemic.

[Twentyonepaylots]

Lol this will only inflate the value of fiat currencies even more, maybe even make them obsolete if you're going to transfer that much money into the system. The market and the system is fine the way that it is, it may not look as good as it was in the past, with the help of competent leadership we should be able to get past this problem. Just keep the faith guys and remember, more USD doesn't mean better.

[AndySt]

In the first place, do government have the rights to risk the money of their people? Definitely not. Taxes are meant for funds to be used only in different sectors, including their plans for the betterment of a country. "But their intention is to make the funds bigger", If we are having assurance in this market, all of us should be rich by now. The market is volatile in nature which gives or makes risk from doing so. Also it will be against the society. Ofcourse if it will be effective, many people will be happy but if it is not, then expect the worst. Given that assurance is lacking, governments should be only focusing to what's best for the money without considering any risk.

At the same time, the economic activity of any state in any conditions will be carried out in the national currency. I am not sure that the money collected by the state in the form of taxes and payments should be withdrawn from circulation and stored in any form, and even more so serve as an object for speculation, which, indeed, due to the very principles of the market, can both experience a strong rise and collapse. The only thing that can be said is the inclusion of cryptocurrencies in the gold and foreign exchange reserves of states, but this is still far away.

[Shasha80]

Although the idea sounds a little ridiculous, it would be very interesting if the government dared to do this by investing in large amounts of Bitcoin.
But I doubt the government will do that, because as we know it has been more than 11 years that Bitcoin has grown very rapidly. Never mind
investing in Bitcoin, legalizing Bitcoin alone is difficult for some countries to do this. So it is impossible for the government to do this. Because basically,
the government doesn't like Bitcoin, which cannot be controlled.

[Lorence.xD]

Although the idea sounds a little ridiculous, it would be very interesting if the government dared to do this by investing in large amounts of Bitcoin.
But I doubt the government will do that, because as we know it has been more than 11 years that Bitcoin has grown very rapidly. Never mind
investing in Bitcoin, legalizing Bitcoin alone is difficult for some countries to do this. So it is impossible for the government to do this. Because basically,
the government doesn't like Bitcoin, which cannot be controlled.

Don't tolerate the idea, it is a real bad thing no matter what. If they were to do that then that means that if the prices increases then a lot of people will definitely see it as an opportunity to sell their bitcoin which will contribute to the lowering of the prices of bitcoin. The only way to make the economy reopen stronger is to get back to status quo faster and more efficient than ever because the money that was injected is going to be causing a shock if the reopen is too slow, with many people buying the supply but the supply is not getting replenished the prices will definitely go up.

[kiki889988]

Yes, that's a good idea because maybe expect gold, bitcoin is the best way to face the high inflation.

[uneng]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

Do you mean private or public capital? Anyway world leaders would be crazy to put 60% of total funds in crypto currency with serious risks of outside manipulation by wealthiest nations such China. A very dangerous game.
And on that situation, with less fiat circulating wouldn't the price of all goods and services increase within btc price? Or wouldn't most people stop working as they would be *rich* after a massive bitcoin pump (also ruining the world economy as without work there isn't production and without production there isn't economy)?

[KEN C]

There are pros and cons in everything, let alone the reopening of the economy.
With the rapid development of economic globalization, is it necessary to close the country like China's Qing Dynasty if it does not reopen? What's more missing is a good thing.
In addition, the reopening of the economy can export high-value goods, import accessories, use cheap labor, etc. These are all advantages.
Don't be frightened by its shortcomings, it is the right choice to follow the global development trend.

[whyrqa]

The economy will begin to recover only if small, medium and large businesses reach the level of activity that was before the quarantine in early 2020. today, there are many restrictions for society and for business, which are associated with coronavirus and vaccination. Based on this, the resumption of economic growth is postponed indefinitely.

[decodx]

Its for protection against inflation and hyperinflation
Too much money in the world it need to be on btc or eth
The btc and eth are good way to put most of the money on there
This way  the value of fiat is good i dont like inflation
You dont like inflation

Tell me something, when you "put money on BTC and ETH", where does the money actually go?
You may want to retake the course where you were taught the fundamentals of the monetary economy.

[AndySt]

The economy will begin to recover only if small, medium and large businesses reach the level of activity that was before the quarantine in early 2020. today, there are many restrictions for society and for business, which are associated with coronavirus and vaccination. Based on this, the resumption of economic growth is postponed indefinitely.

It depends on what to compare, because any resumption of economic activity after the lockdown of small, medium and large businesses a priori leads to the beginning of recovery due to the effect of a low base. Another question is that the recovery of business to the level of the beginning of the pandemic may take several years, because everything will not happen immediately and for sure the improvement of the situation will alternate with the deterioration.

[worle1bm]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

But why would they put their trust In decentralised cryptocurrencies like Bitcoin and ETH and loose control over the financial system of their country.This is what they are afraid of and OP you are saying of shifting 60% of $133 trillion in btc and ETH and when price rise they can solve their economic issues which is not at all possible.No doubt you are thought are good but you idea cannot be implemented in practical life because there are certain factors which need to be considered like inflation rates which can have negative impact on prices, security breach and we just loose national wealth within seconds and many more so it's just impractical.So who will convince government to do so it's hard to to conceive them btc is really useful payment method which can be used by them and you are talking at another level so just keep your aspirations down.

[Swopon]

Everybody is taking about economy and it is not fully opened due to the covid-19. In some countries, people can't stay till now because of their current conditions of economy. In my country, people are now working freely without any fear of virus because of their livelihood. Now the vaccine is discovered and people are taking it with fear and many people still dieing due to that virus affect.

[shoreno]

easy for you to say to put money in btc and eth but where are they going to get the money when there was no income due to the closure ? and just because you invest in eth and btc your now commanding them to do the same ? for what ,  for you to earn a profit ? .

 lets not act that we are concerned but let them to recover first and they can decide for themselves if they also want to put money in btc and eth like you do .

[crzy]

Vaccine are here already, even if its not that 100% many are still confident about it because people have to find their hope and we can’t afford to close the economy while there’s still a virus, no countries can. Re-opening the economy is fine, we have to continue living and continue fighting, we’re very near to cure this pandemic

[CarnagexD]

It takes two to Tango, this is true as well in the case of contingency tactics amidst the COVID-19 pandemic which most governments have been implementing tirelessly. Unfortunately, if the people orthe government fall short in their responsibility on ensuring they follow protocols, that's where the problem starts. Disobedience in the end of the public and lack of self-awareness and sense of urgency in the government's part causes these probkems to persist. Take the UK for example.

Vaccine are here already, even if its not that 100% many are still confident about it because people have to find their hope and we can’t afford to close the economy while there’s still a virus, no countries can. Re-opening the economy is fine, we have to continue living and continue fighting, we’re very near to cure this pandemic

Vaccijes couldn't have been needed anyway if not for countries literally depending on it even though it wasn't even made in the first place. Take New Zealand for example, the country is already COVID free even without the aid of a vaccine, so Vaccines aren't the only solution to the problem.

[coolcoinz]

There's no problem with reopening the economy. Governments should stop hiding behind covid because more and more people see that it's become the answer to everything, a scapegoat.
Don't have money -because it's covid.
High unemployment -covid
Money printing and inflation -covid
Can't open businesses?  -covid
Can't travel? -covid

Soon when a politician gets a pimple on his nose it's going to be because of covid.

We need also to do this becouse i hodle btc and eth.

Just a little selfish, no biggie, right?

[samputin]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

I think it's not the solution in this kind of situation(pandemic). Even without the btc, the economy will fall or increase. I think if they transfer the 60% of world money our economy will fall because our money will not grow if they in cryptocurrency. The economy will not move unless the pandemic will stop.

We are lucky (cryptocurrency user) because we earn money through trading of investment money of some businessman. But the truth, the people not involve in cryptocurrency need the movement of our economy to survive.

[OpenCryptoSystem]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

Can you entice the government to do that? Remember that government is allergic in a decentralized digital currency. How could they risk the government funds and put or invest in bitcoin? It's very impossible! Government has it's on way on how to save the economy.

The goverment officials can hodle btc also

[shield132]

For me, Banks will never do it. They are afraid to lose their customers, they will start to lose income too. Bitcoin is the number 1 threat for the banks.
Bitcoin aims to solve the problem in traditional banking.
Economy will get back to track in a normal way, people will start to learn and realize how suck the current economy and that's the time they will start to introduce in Bitcoin.

What is a threat for banks? Look, some exchanges are backed by banks, almost every exchange asks for KYC in order to trade, their "Bitcoin cards" are backed by Visa / Mastercard, is bitcoin still a threat for banks? I think at first it was but right now, this threat is absorbed and destructed.

OP, first of all, 60% of the population doesn't know anything about bitcoin, even if people know, it can't handle that many transactions from so many people. And where are governments going to convert budget into bitcoins? On Binance or on Coinbase?

Converting money in bitcoin can't increase the value and quantity of money. If you want like that, then calculate everything in cents instead of dollar bills.

[Yatsan]

Convincing various government around the world to deposit their economic funds into Bitcoin is already a hard thing to do so it is just very impossible for that idea to be imposed for the fact that there are many alternative ways possible on bouncing back the economy and that is not just by pretty relying on the capability and opportunity that can be offered by Bitcoin. Also, seems the reasoning is not that convincing enough for the idea to be imposed and even be accepted by various government of the world so at the first place, the possibility becomes already closed to impossible. Also hope will not be an ensuring and convincing part to transfer out funds towards Bitcoin all just by hope better be sure before they will do such thing.

[AndySt]

Convincing various government around the world to deposit their economic funds into Bitcoin is already a hard thing to do so it is just very impossible for that idea to be imposed for the fact that there are many alternative ways possible on bouncing back the economy and that is not just by pretty relying on the capability and opportunity that can be offered by Bitcoin. Also, seems the reasoning is not that convincing enough for the idea to be imposed and even be accepted by various government of the world so at the first place, the possibility becomes already closed to impossible. Also hope will not be an ensuring and convincing part to transfer out funds towards Bitcoin all just by hope better be sure before they will do such thing.

The point is not that you need to try to convince someone in the governments of countries, but that the investment of governments in bitcoin is impossible in principle due to the lack of a regulatory framework on this issue, and the governments of countries have much more pressing issues in connection with the pandemic. The integration of bitcoin into the economy will be promoted exclusively by private entities in the foreseeable future, and the role of the state will be limited to regulatory functions.

[SirLancelot]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation

I don’t think this going to make any difference, or will it? And I also don’t think it is possible. Where are they going to be buying all these bitcoins, from exchanges? Then the fiat still goes to the exchange that will then store them in the banks. That fiat money is still there. If they want to fix fiat and stop the inflation there are better ways that they can do it, but the problem is that they are not ready for it.

The government is corrupt and the way you’re worrying about inflation, there are people who don’t worry about it, they just don’t care and they will even want it to happen because in one or the other they are benefiting from it. And moreover, you just pointed that you want the government to do this because you’re holding BTC and ETH, which shows that you also don’t care that much, you’re just after your own pocket.

[OpenCryptoSystem]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation

I don’t think this going to make any difference, or will it? And I also don’t think it is possible. Where are they going to be buying all these bitcoins, from exchanges? Then the fiat still goes to the exchange that will then store them in the banks. That fiat money is still there. If they want to fix fiat and stop the inflation there are better ways that they can do it, but the problem is that they are not ready for it.

The government is corrupt and the way you’re worrying about inflation, there are people who don’t worry about it, they just don’t care and they will even want it to happen because in one or the other they are benefiting from it. And moreover, you just pointed that you want the government to do this because you’re holding BTC and ETH, which shows that you also don’t care that much, you’re just after your own pocket.

Yes im here for my own pockets

[Argoo]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

It is unlikely that such a proposal is feasible in practice. Governments will never invest their money in a decentralized cryptocurrency. They have a completely different vision of taking the necessary measures to improve the economy and are not related to cryptocurrency. Moreover, they will not use the cryptocurrency after the states have the opportunity to issue their digitalized central bank currencies.

[romero121]

Already governments were against the cryptocurrency usage, other than few exceptions. Governments at any point won't get into such an activity. Already the governments were under debt. In my country the government is paying 20% of income as interest for debt. In such a situation how come a government buy large volume of bitcoin and ethereum. Printing of currency once again lead to higher inflation.

Let us assume a government have bought large volume of bitcoin with currencies. Now the market of bitcoin and ethereum have dropped low, what should the government do further to keep up its economy boom.