A privately issued stable coin bearer asset. that's what we need A strong feature of fiat is the bearer physical asset, it's resilient to internet shutdowns, it's private, it's permissionless i should be able to own crypto and trade it physically, by printing my own crypto bills anytime i need offline settlement, there should be some mechanism to avoid double spend, and some tolerance for fake money, as we have with fiat then only i can hedge my risk against centralised hyper inflated fiat, and use crypto effectively, day to day, mainstream, resilient to connectivity, low tech requirement, adaptable