IMHO because it depends on uncloneability of digital assets.. Which I believe is not possible.
The whole thing that makes cryptocurrencies work now is the un-cloneability of the amount of work done (which is why the 51% problem exists in the first place).
The only good way of doing it would be through a cartel with strict enforcement of hashrates etc.. And welcome to the financial banking system...
The whole thing that makes cryptocurrencies work now is the un-cloneability of the amount of work done (which is why the 51% problem exists in the first place).
The only good way of doing it would be through a cartel with strict enforcement of hashrates etc.. And welcome to the financial banking system...