You still have not addressed my point that no matter how good and fair in space-time your idea is "in theory", if it does not account for human nature then it is not workable and thus a bad idea. Thus, explain by what process your system would naturally be selected in the absence of aggression? How would it "out compete" a competing system such as bitcoin or even a 100% reserve gold standard?
I've yet answered that point. It's neither a theory, neither an idea, it's YET an experimental fact, I gave all links necessary to study real experience about this (Namibia, Brazil, Alaska, Italian SCEC etc...) that are also pointed on the wikipedia article, BIEN network, etc... Thanks to study the result of all those experiments, and study the proposition of lots of politicals including it now in their propositions in Europe, South America, Africa and elsewhere with all the material you will find over there.
Experimental proof is the only way to justify any idea.
For example for Gold backed money, experiment shows it has been rejected long time ago yet, like Newton Theory was rejected after Einstein revolution.
Take time to understand deep thought.