A naukri.com initiative
Bitcoinsensus
3w
269
Image Credit: Bitcoinsensus
FED warns Bitcoin may disrupt fiscal policy balance
- The Federal Reserve Bank of Minneapolis warns that Bitcoin may hinder governments' ability to manage fiscal deficits.
- Bitcoin creates a 'fiscal balance trap', complicating debt management for governments.
- Taxation or restrictions on Bitcoin may be considered to protect fiscal stability.
- According to the report, extreme measures may be required to avoid further deficits caused by Bitcoin.
Read Full Article
16 Likes
For uninterrupted reading, download the app