Interesting... and I wonder if the best option would also be to concentrate mining rewards. Mining gives you a chance to win very big. In that case it would become equivalent to the lotto, and would result in a financial system sustained by gambling.
You could argue this would be morally superior to one sustained by bloodshed and political power mongering. (Fiat currency is ultimately backed by state power, a.k.a. violence.)
You could argue this would be morally superior to one sustained by bloodshed and political power mongering. (Fiat currency is ultimately backed by state power, a.k.a. violence.)