The issuance of Bitcoin is intact, whilst governments are issuing money at their discretion. European central banks are exploring digital currencies, using the same approach as with fiat currencies.
The European Commission recently proposed a recovery fund for the region’s economies, which could reach EUR 750 billion. Of that amount, EUR 500 billion would be subsidized and another EUR 250,000 in the form of loans.
Continue read: https://www.cryptoworldjournal.com/bitcoin-could-help-fight-covid-19-pandemic-in-europe-while-central-banks-create-debt/
