Sound great, but it's an insanely steep wall to climb.<p>* Their main goal, and problem, is to exchange to & from other currencies. They'll be subject to their coin being a poison pill that causes any bank or exchange dealing with it to be sanctioned, risking their own access to SWIFT, etc. How will they attract miners when miners will face the same exchange difficulties?<p>* Trust will be minimal, since it not only starts out as just another sh<i>tcoin among thousands, but unless they are VERY transparent and do no pre-mining or take other excess rights/value available to coin-makers, who else would trust it? E.g., that Venezuelan coin, supposedly backed by oil barrels, has it done anything good?<p></i> Even if they do get people to trust it, and get ways to exchange it, they'll certainly be target of state-level cyber-attacks if the currency gains any traction, and either a massive corrupting hack or a 51% attack could be even more devastating than having never started in the first place.<p>I'm buying popcorn.