Yes, my account does not have much value- the concept of a US crypto dollar vs say Tether.
Tether might be more of a criminal enterprise from what I have read- too much in circulation.
Many of the crypto's are false- no worth. But I believe in the concept/technology.
Hopefully, if there ever is a U.S. Crypto, it will be backed by “existing” U.S. Coinage, that is turned in... Same goes for U. S. Trade Dollars and Cents... Oue Coinage will be backed by “We the People” and our Constitution....
Interesting, I had not considered that angle of your theory. . . .
I definitely liked the "Sovereign People" concept of your theory.
What gives our Money “Spending Power” is the People, willing to accept it as Payment of Wages... If People are willing to work for 25 U.S. Crypto-Cents per hour, then you’ll readily see its Value...