Government intervention to control exchange rate. Discretionary economic intervention for flexibility in protecting monetary value and favorable economic conditions.
RE: Screwing the World’s Poor for $16 Billion? Steem and SD Can Cut the Cost of Money Transfers and Take Down the Predatory Remittance Industry
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Screwing the World’s Poor for $16 Billion? Steem and SD Can Cut the Cost of Money Transfers and Take Down the Predatory Remittance Industry
Those are all advantages for governments and not necessarily good for the end user.
I would prefer to let the market decide those things and not have the government constantly fiddling with things or printing more money whenever they feel like it.
That is why fiat money will eventually be replaced by cryptocurrencies.
It's a question of when rather than if.
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