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The original was posted on /r/nanocurrency by /u/roflc0pterwo0t on 2024-06-17 03:30:09+00:00.
The idea is to make Nano localized so it can grow with small local efforts, this is possible with nodes/representations setup within the physical living area of that specific population, e.g. Nano-newyork, where the value of the cryptocurrency is based on the value of what can be bought locally with it. Silver/gold reserves of the population back the currency. The improvements necessary would be a "central bank" feature that allows other areas to accept another Nano-x currency, and as such every area is responsible for the value of their own currency based on their tangible assets. When the locality has nothing left to offer, people from elsewhere naturally tend to refuse the currency because there is nothing to purchase.
There would be a smartphone application that allows you to receive payments like a merchant by entering the amount, and the customer taps his smartphone to pay. People can proudly show it to others while explaining the greater vision.
Starts with people offering to exchange money for it to their friends or neighbours. That real hodler is someone who wires you money for it on demand, so that you can pay rent. This puts the burden of adoption on people with money, and the result is a free society. Perhaps it needs to start with neighbourhoods and go up from there. This concept of currency adoption has to be coded within it, maybe separating it into neighbourhoods as well and then merging them later. If you don't honour the currency it causes distrust, if you honour it, it causes trust, and grows from there (or fails). Failure should be coded in as a way to reject and place distrust into a localization. Perhaps having the physical address of the account in the currency with ratings and written reviews that can be mapped. But this causes privacy invasion, so maybe the nodes should have accounts on them that are nearby and communicate only the ratings and reviews, while keeping the address private. This exposes the wealth to the neighbours, but it's a privacy and trust trade-off that makes it easy to simply "discuss things".
The official (ideal) currency of the land would obviously be gold and silver coins, but for convenience you have a cryptocurrency.
A currency is what the consumer uses, so naturally businesses will pay them with their local currency like they do in every country they operate. It's a "pull" effect that makes it simpler to keep everything local. An online directory of people that exchange currencies would help facilitate it without exposing it to centralization.