但政府发行的货币不一定就能被市场认同。明朝也发行过所谓的它的货币大明宝钞，但是民间不认，市场也不认。官方收税也愿意收银子。实际上明朝最后亡于财政枯竭，没钱打仗。崇真皇帝视财如命是有原因的。收不上银子主要是西班牙禁止与中国贸易，白银失去来源，另外由于海禁与日本贸易也受影响。其实民国时期社会更接受袁大头而不是国民政府的货币。当然明亡有很多原因，争议也很多，货币是其中之一吧.
However, the currency issued by the government may not be necessarily accepted by the market. The Ming Dynasty also issued the so-called "Damingbao" currency, but it was not accepted by the public and the market did not trust it. Official taxes authority were also willing to collect Silver. In fact, the Ming Dynasty finally collapsed in short of silver and had no trust currency to have a war. This is why the Chongzhen emperor saw his wealth as his life. The short of silver is mainly due to the fact that Spain bans trade with China. In addition, it has also been affected due to maritime ban order with Japanese trade. In fact, during the period of the Republic of China, society accepted Yuan Datou ( a silver coin issued by Beiyang Government) instead of the national government’s currency. Of course, there are many reasons for the collapse of Ming Dynasty, and there are many disputes. Currency is one of reasons.