Overall, the idea sounds like a bold and innovative approach to solving the debt problem and popularizing bitcoin. Here are a few of my thoughts:
Gamification and Motivation: Using leaderboards and public recognition of contributions is a powerful tool for engaging people and companies. People like to compete and get recognition, especially if it's related to their social status or reputation. This can create healthy competition and encourage participation.
Debt and Bitcoin: The idea of using bitcoin as a debt reduction tool is interesting, but requires careful consideration. Bitcoin is a volatile asset, and using it on such a scale can be risky. However, if a stable system can be created, it may become a new way to interact with cryptocurrency.
Accessibility: Allowing small monthly Contributions (DCA) makes the idea accessible to the general public. This is important because it allows even those who do not have large amounts of money to participate.
Potential impact on Bitcoin: If the idea becomes widespread, it could significantly increase the demand for bitcoin and, as a result, its value. It may also attract the attention of other countries that want to repeat the success.
Risks: The main risk lies in the volatility of bitcoin. If its value drops sharply, it can undermine confidence in the system. It is also important to consider regulatory aspects and possible resistance from traditional financial institutions.
Yes, the idea is certainly ambitious and has potential, but it requires careful study and testing. If implemented correctly, it can be a powerful tool for changing the financial paradigm.