After reading your response, I notice that I made a mistake in my original post in terms of communicating my thoughts. This was originally written as part of a larger piece about the design of new currencies, in the gestalt of the current thriving cryptocurrency scene, and in that context it was clear that I was not advocating for reforming currently existing currencies along these lines, but rather presenting thoughts that designers of future, non-state-backed digital currencies should take into consideration—a space where experimentation without existing working examples is well-justified—however that context is not provided in this post, which can make it look like I am advocating reforms more extreme than I actually endorse.
After reading your response, I notice that I made a mistake in my original post in terms of communicating my thoughts. This was originally written as part of a larger piece about the design of new currencies, in the gestalt of the current thriving cryptocurrency scene, and in that context it was clear that I was not advocating for reforming currently existing currencies along these lines, but rather presenting thoughts that designers of future, non-state-backed digital currencies should take into consideration—a space where experimentation without existing working examples is well-justified—however that context is not provided in this post, which can make it look like I am advocating reforms more extreme than I actually endorse.