All right - so here is my wishful thinking...
So here we are in an all out fiat war with US and Russia, with what I'm guessing is due to the crap going down in the Ukraine.
Here's where Russia can fight back. All they need to do is buy up about 10 million cheap as dirt Craigs, then back those coins with gold - lets say 1 ounce of gold equals 100 Craigs. That's only 6,250 pounds of gold. Boom, CraigsCoin price skyrockets over night to 2 - 3 dollars a coin.
Then they open up CraigsCoin exclusively to their country, they will only sell Craigs to their people for Rubles. Development goes on warp drive with smart contracting and ads posting and boom, they have a digital commerce currency with lightning fast wallets thanks to multiple servers.
While they buy back their rubles from the people for Craigs - they are selling their endless resources of diamonds to flood the market (blackmail DeBeers in the process
) and buy up as much gold as possible to help back the Ruble. This way the Ruble will actually strengthen not weaken - so any Russian not wanting to get involved with the digital currency system wouldn't have to worry about there hard earned Rubles.
Bye-bye IMF thugs!!!
With CraigsCoin being POS - any Russians with a computer and internet connection have a fair chance to stake more coins, unlike bitcoin mining.
All the while, with use of the built in commerce system in CraigsCoin, investors will get dividends based on 'coin age and coin amount' on top of their staked coins from all the transaction fees. Transaction fees could be determined by the price of gold which is virtually impossible to manipulate unlike for example - bitcoin.
What do you guys think?
Possible, yea?