Designing a global digital currency

The notion of a global currency is debate set aside in the past decade as abstraction saw little potential for realization world with heterogeneous governments unwilling to sacrifice seigniorage optimal design. technical capability creating digital currencies, independent governments, resurrects discussion and begs questions practical design implementation. Given that price stability key feature design, we consider theoretically issue pegging continuously traded periodic measure inflation. Empirically identify factors cryptocurrency might use create portfolio mimicking ideal