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Your thoughts are solid in relation to this subject, but Bitcoin wouldn't be able to have the speed or scalability to accomplish that! Bitshares sure would though! Along the same lines, EOS and Steem have a monumental potential...

Thanks for sharing and namaste :)

I've been watching your show on YouTube for a while. I have no idea why I didn't check the description to see if you have a steemit account. Right on man! Glad I found you on here. Peace!

Everyone watch this video and share it with your family this holiday.. it is our duty to help everyone become educated about the current financial system and the future of technology. Everyone needs to watch this video as we move into the age of the blockchain
https://steemit.com/bitcoin/@mmosely0/everyone-must-watch-this-video

Fiats that are not backed by tangible assets probably will not win wide spread confidence from the public at-large. However cryptos can be backed by extremely solid code that offer iron-clad security features, and readily accessable for through audits. Therefore, in theory, this idea may have a chance to work, excluding control exercised by central authorities. Thanks for the post.

to avoid the use of miscellaneous currencies?