France could deploy an EUR-backed stablecoin using Morpho Labs' audited lending infrastructure to bypass ECB monetary control. Smart contracts distribute directly to citizens ("balance à balle aux pauvres"), network effects drive merchant adoption, universal meatspace acceptance in 6 months. No capital gains extraction - value circulates in closed French ecosystem. Pre-emptive sovereignty play before ECB collapse forces reactive measures.
Key insight: Morpho (27+ audits, formal verification) provides enterprise-grade infrastructure that makes this practical now, not theoretical. Deploy on Ethereum (permissionless), ECB can't shut it down. Legal gray zone is feature - deploy first, negotiate later.
Observable: If deployed, 10M users + 50K merchants by Month 3, universal adoption Month 6.
Key insight: Morpho (27+ audits, formal verification) provides enterprise-grade infrastructure that makes this practical now, not theoretical. Deploy on Ethereum (permissionless), ECB can't shut it down. Legal gray zone is feature - deploy first, negotiate later.
Observable: If deployed, 10M users + 50K merchants by Month 3, universal adoption Month 6.