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A comment on Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stiglitz Says. Parent comment

Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by cwkoss on Wednesday November 29, 2017 @09:10PM (#15812876)
Would be easy to implement, but hard to manage (what if govt loses privkey for printing money?) and build trust (what if next congress decides to stop this currency).
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Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by fulafel on Thursday November 30, 2017 @01:37AM (#15813895)
#1 could be solved by having a scheduled key rollover system, anchored robustly by the central bank (eg public display of key fingerprint at headquarters).

#2 doesn't sound any different from other fiat currencies or bonds issued by nation states. It's in the issuer's ecnoomic self-interest to preserve their credibility.

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