I would love it if they embraced the technology without really understanding it & it being used without them realizing the public digital trail. Oh the hilarity of reality & them not getting to hide behind their lies & manipulation.
Honestly, in a fair government system, should ever one be attempted, I think anyone that wanted to serve the public likely would have to be willing to be held to this level of accountability, authenticity & integrity.
Here's my question though, what would the evaluation of the coin be based on? Would it put us back on the gold & silver standard? Would it be tied to the minimum average cost of labor? Another petrodollar? Exports? The war machine?
Oh man, it will be intriguing if even a few countries start doing this & seeing where money goes & magically appears & what it's used for.
Ballsy post, I love it.
Excellent question!
I think it should be based on the market, the most efficient and the one who solves the most problems is more valuable.
Value is thus based on meritocracy and the magnitude of problem it solves, like if litecoin is used by 30 million people and x-coin is used by 5 million, than litecoin would be more valuable. That's what I think, but I can't claim to know what's the best system.
And you're right, it is intriguing :)
Thanks for the great comment!