Trust is orthogonal to reputation and centralization. I can trust Proof-of-Work, which is decentralized trust without reputation. Reputation isn't needed in Proof-of-Work, because the input entropy is fresh (can't be preimaged) on every new TB.

Sure someone can make a political money. We have it already, it is called legal tender. They can make a new one, and if it goes big, it will take on (some of) the traits of legal tender.

The key for me is that centralization means we lose the ability to signup and be a peer instantly without any centralized approvals. I would prefer a system where I turn on my peer and am instantly mining currency so I can subvert anti-money laundering laws. Which will be critical as the G20 goes into full blown confiscation mode in 2 - 3 years.

I see a near-term market need, to covertly (and decentrally) move capital from a financial system that will self-destruct into one that can survive and cross the chasm. That is why I said greater than 6 months implementation time is too great for me.

You all can carry on without on me. Good luck.

P.S. I discovered a great domain name.