Bitcoin and Modern Monetary Theory: A Comparative Analysis
Bitcoin and Modern Monetary Theory (MMT) represent two distinct approaches to understanding money and economic systems. Bitcoin, as a decentralized cryptocurrency, operates on a fixed supply model, which contrasts with MMT\“s emphasis on government-issued fiat currency and fiscal policy flexibility.In terms of the product, Bitcoin offers a digital asset for peer-to-peer transactions without intermediaries, while MMT provides a framework for analyzing sovereign currency systems. Both address monetary issues but from different angles: Bitcoin focuses on decentralization and scarcity, whereas MMT highlights the role of government in managing economies.
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