I do agree that "crypto based" is a better term for that. I am not entirely sure if it will work though, I mean it is definitely something that is quite good if it works, but are we sure it would? We need to build a whole economy around it to make it worth something and I am not sure if we could build that.

Otherwise, if it’s going to be like an experiment then it will not reach to a level where it would work and that is why I hope that El Salvador doesn't go too deep into this. They are already a poor nation and if they spend too much on building such a thing (or even the city they are planning) that will require too much money and if it doesn't work it will be using money from a poor nation to make it even poorer.