[nopassrecover]

Good examples.

What do you think it means for the stability of nation states, either domestically or on an international scale, in such a world though?

It’s the increasing practicality of doing this (buy your breakfast in StarbucksCoin, your lunch in McCoin, and your groceries in WalCoin) that makes it more possible as a reality.

But how does a government have credibility and get taken seriously domestically if the currency they control is increasingly irrelevant day to day? How does the US continue to maintain leverage over energy costs? Etc.

[marcus_holmes]

I lived in Cambodia, which has this situation: the government currency is the Riel, roughly 4000R per 1USD, but everyone uses USD for anything over 1USD. Essentially, Riel notes are used as coins - if something is $4.50, you pay $5USD and get back 2000R in notes as change.

> But how does a government have credibility and get taken seriously domestically if the currency they control is increasingly irrelevant day to day?

The monopoly use of force is still a thing that demands respect.

[viraptor]

Countries still can tell you what usage is legal and what isn't. We've tried StarbucksCoin already and people weren't happy: https://en.wikipedia.org/wiki/Company_store

We've also tried restricted foreign currency shops: https://en.wikipedia.org/wiki/Pewex