Mischa on Nostr: The current system is inefficient because the value of the currency keeps changing ...

The current system is inefficient because the value of the currency keeps changing due to inflation and fluctuations in the money supply. This means government spending, whether on healthcare, education, infrastructure, or social services, has to be recalculated and adjusted regularly. This constant adjustment creates a lot of bureaucratic effort, increases costs, and makes the system less efficient. Long-term budgets lose their value, and governments need to intervene more often to keep things running. A currency with a fixed supply, like Bitcoin, could be a solution, as it would provide long-term stability and make government systems more efficient.

#bitcoin #government