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Re:Crypto’s Final Price Could Be Zero by est31 on Tuesday November 29, 2022 @01:29PM (#33791262)
It does depend on the policy, yes, but note that government backed (local) monopolies exist in other areas too. Like for example with hospitals, or with phone network operators.
Re:Crypto’s Final Price Could Be Zero by shkkmo on Tuesday November 29, 2022 @04:26PM (#33793550)
I'm not sure how this comment relates to the topic as we aren't discussing any sort of monopoly.
Re:Crypto’s Final Price Could Be Zero by est31 on Wednesday November 30, 2022 @05:49AM (#33799092)
If you have all the dollars then you have a monopoly on them. If the government forces people to pay their taxes in dollars you have a government supported monopoly. It stands and falls with the government's support for it, the connected regulations, etc.