You get back to some very deep concepts in economics and finance.
Value is defined based on trust and faith. I accept dollars for goods I produce because I believe that I can then turn around and give the dollars to get other goods. It's a trust issue throughout the economy.
Many of the problems associated with the economy hinge on the very usage of the dollar or renminbi or whatever currency you use. You need to replace that currency. As we saw with BTC, it's not a simple task to replace a currency and maintain a trust structure throughout critical infrastructure. We are willing to lend trust to the sovereign but your task would be to establish faith in this other entity.
Unfortunately, you will need to establish a new currency to accomplish your goals. This is far beyond the scale of a YC startup.
Value is defined based on trust and faith. I accept dollars for goods I produce because I believe that I can then turn around and give the dollars to get other goods. It's a trust issue throughout the economy.
Many of the problems associated with the economy hinge on the very usage of the dollar or renminbi or whatever currency you use. You need to replace that currency. As we saw with BTC, it's not a simple task to replace a currency and maintain a trust structure throughout critical infrastructure. We are willing to lend trust to the sovereign but your task would be to establish faith in this other entity.
Unfortunately, you will need to establish a new currency to accomplish your goals. This is far beyond the scale of a YC startup.