It sounds interesting in theory but I'm worried that this will create additional tensions between countries if each country did this.
I think that part of the reason why the threat of war is much lower now than it was in the past is because patriotism is at an all time low.
Another problem is that this already exists in the form of the US dollar. The better America does economically, the more the US dollar will be worth relative to other currencies. Maybe if the Fed stopped manipulating the money supply, people would actually be able to see the value of the USD increase predictably when the economy does well.
I totally agree with attempts to redistribute USD to its citizens to even things out.
Nonetheless, I think that cryptocurrencies will solve the problem of inequality without the need for government intervention.
I think that part of the reason why the threat of war is much lower now than it was in the past is because patriotism is at an all time low.
Another problem is that this already exists in the form of the US dollar. The better America does economically, the more the US dollar will be worth relative to other currencies. Maybe if the Fed stopped manipulating the money supply, people would actually be able to see the value of the USD increase predictably when the economy does well.
I totally agree with attempts to redistribute USD to its citizens to even things out.
Nonetheless, I think that cryptocurrencies will solve the problem of inequality without the need for government intervention.