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mathewi I got that. But also even if the Civil tokens manage to stay balanced and stable, a thing nothing related to crypto currency has managed, they still transact on an existing currency where their presence and transactions enrich holders of that coin.
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mathewi Also, all respect but, your article doesn't address the technical challenges and flaws the ERC20 token system has, the potential flaws in the council as a central mint (which is what it sounds like) or with it having the capacity to freeze accounts.
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mathewi Also, don't all transactions have to be backed by corresponding wei? If so, requiring money to make token transactions introduces its own particular bias.