Print away scumbags! There is nothing stopping you. Keynes put a hole in the fiscal dam when he made the simple suggestion that the government could overspend (deficit spend) in bad times to boost the economy but save during good times to even out the cycles. Governments spent more making larger and larger deficits -- anticipating better times. The dam burst when the yuan became a reserve currency and was accepted in the oil trade. You have a communist dictator able to create money. What can go wrong?
Inflation theory was based on dropping in a big chunk of currency would drive up prices (inflation) because it would take time for production of goods and services to catch up. Not today! Lead times are months or weeks -- not years. So print away!
Precisely, without tangible backing of digital currencies the 'overlords' can literally wipe out every bit of bitcoins realized gains in the stroke of a keyboard.
That is so obvious why do people buy them? It is mass insanity.