In international politics the unveiled NSA spying has at some point been thought about by most every government. With that kind of intrusion by foreign states already in their conscience, why couldn't the political atmosphere there support an efficient economic monetary approach using bitcoin.
Would a collective partnership of sovereign countries whose taxation and economic policies are similar, but for whatever reason not effective, consider an International Reserve Bank type package based on the blockchain? Is anyone already working on this, and if so how do I get involved?
Sadly, that won't happen, since a sound, or sounder, monetary base (than Western currency reserves) won't benefit the ruling and banking elites of any country as much as today's system.
Today, countries other than the US are not only allowed to inflate the financial assets they issue faster than the US does, but encouraged. All currencies are, one way or another, even less sound than the dollar. That's how the US maintains its position.
In fact, if the elites of a country, for some reason, decide to have sound(er) money, they or their country are generally in trouble, one way or another. In the 19th century China was punished by Britain in the Opium War for this reason (unless you believe the British official reasons for going to war.) More recently Switzerland found itself priced out of most global markets, and ended up inflating its money anyway (by pegging to the euro to keep the franc down.) There's a reason why these examples are rare.
Since the US receives the lion's share of the unearned benefits of this system, the elites of other countries are in effect collaborating with the imperial power and selling out their own people. But as long as most people (and especially in poorer countries) don't understand how things work, this is by far the more beneficial choice for the elites.
Ultimately, things won't change unless people wake up.
