In my opinion, one of the reasons why NuBits is so important and could eventually succeed over other cryptos is that it can provide something familiar to people, the digital equivalent of the fiat currency that they already use. This removes the need to do price conversions and makes using NuBits a lot more simple for the average person. However, not everyone uses the US dollar. The Yuan and Euro are the largest fiat currencies besides the US dollar. Therefore, they have an extremely large built in user base in China and Europe. The Nu network would gain the most benefit by supporting these two currencies compared with anything else.
An inflation resistant or basket currency does not come with the billions of pre-existing users that the Yuan and Euro have. They are important, but I don’t think they should come into focus until later in the future once we’re more established. At this stage in Nu’s life, I believe we should be focusing on supporting pegs for fiat currencies that already have massive use in the real world. Supporting the Yuan and Euro will impact NuNet more than anything else we could think of exactly because of the billions of people who already use them. Current users of the Yuan and Euro would find a pegged digital equivalent easier to use than Bitcoin because of the price familiarity and stability we provide them.
Also, I agree with both Tomjoad and Cybnate that regional names should be used. They may not be flashy, but they offer more protection to shareholders against governments.
