Much safer than crytocurrencies

While crytocurrencies such as Bitcoin could potentially be used as alternatives to the current debt-based money system in which commercial banks have a virtually monopoly on money creation, the N-Euro option is much safer.

If a government were to emit its own bitcoin like currency and use the newly created money to pay for public services, there would be a risk that some unfriendly operator could attempt to disrupt the system by buying up the stock of money (causing an artificial shortage) then releasing the money later on.

Such manipulations would be impossible under the N-Euro model, because the authorities would always have information about who holds the stock of money.

An end to tax-evasion

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