Would Total Adoption of Crypto Make Banking & Government Finance Better? Accounting Says No

Created
Fri, 03/12/2021 - 18:20
Updated
Fri, 03/12/2021 - 18:20
An important area of concern among many cryptocurrency proponents revolves around the idea that the current banking and government finance systems are inherently unstable or inflationary. Ultimately all finance is about debits and credits, assets and liabilities. How would total adoption of crypto by a country change these?