This plan will require technology, which is subject to electromagnetic pulse. And. Periodic failures due to electrical spikes, thunderstorms, whatever... you cannot base a monetary system on data because data is bytes and bits in which the integrity is easily compromised after which it is beyond “restoration.”
This is another one of those thoughts that come out of rooms full of thinktank idiots.
This plan will require technology, which is subject to electromagnetic pulse. And. Periodic failures due to electrical spikes, thunderstorms, whatever... you cannot base a monetary system on data because data is bytes and bits in which the integrity is easily compromised after which it is beyond “restoration.”
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Could it be that that’s the goal?