&gt; The paradoxical economic problem with decentralized money is that the govt has no control over it.<p>This is a not a paradox nor even a contradiction; indeed to advocates of many decentralized currency solutions, this is the killer feature.<p>&gt; Which means during bad time its going to be very difficult for the govt to enact changes. We learnt it the hard way During the great depression when money was pegged to gold and the govt was unable to use inflation to restart the economy.<p>Of course you realize that this narrative does not enjoy consensus.