Because currency markets aren't built from the bottom-up. Individuals would squabble over different ideas and money needs to be universally accepted. Leaders have to give direction which groups naturally follow.


On the internet there are no country barriers, rather cultural and perhaps language. But money even tends to transcend language barriers, because people need to exchange value with those in other cultures.

I rather see money stratifying on type of use cases, e.g. for your $millions in stored value, you don't want that in a currency that is debased 10% per annum (unless the growth of adoption of the currency is outpacing the debasement, but then you are making a speculative investment, and not parking in a store-of-value). These use cases also dictate a demeanor which implies the sort of name which will would appeal to the use case demographic.

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Ƀits	store-of-value and large asset transactions
Cꙭl/¥ꙭbits	virtual goods and services (esp social networking context)
✨(Cha-)Ching	rapid-fire, unconscious micro-transactions