Wouldnt it be nice if each country in the world issues its own crypto currency just like they issue sovereign bonds and they raise funds from there to fund projects in their economies. I know Venezuela tried to do something like that, but the project was already being killed by the governments opponents before it took off. Now lets assume that didnt happen could it be a good way to create some form of sanity and confidence in the crypto world.
I think Estonia was trying to do this as well. They wanted to create a national coin called estcoin, read more about it here
https://www.coindesk.com/estonia-inches-closer-to-national-crypto-token-launch/Very interesting post on Estonia, the first 3 ways stated here are jest examples of how crypto currencies could be adopted without destabilizing the traditional financial and banking systems. The euro backed option will however be an exercise in futility