I’m interested in starting the discussion of creating a NuEuro. I think the crypto development space is much more friendly here, and the ability to use cryto is far more common than other markets outside of the USA. I’m hoping that creating a local asset would interest more European developers to take a look, and see more use of the network.
I would also like to see the trustless liquidity pools attract more attention and use before implementation of managing a second peg. I don’t think we’re quite ready yet, but by the time details and development arises for this new asset we could be there.
I think another aspect people need to consider is the immediate globalization of the project. With creating an asset that targets a specific nation (or group of nations in the case of NuEuro) there will be a great need for people to support projects, services, and people who would want to use that asset. If someone doesn’t speak English and submits a proposal will there be enough users to translate and assist all other shareholders in deciding if it should pass? Even though American NuShares holders would probably never have an interest or need for a NuEuro, all of a sudden their network needs are of great concern in maintaining a foreign peg.
Does China also suffer from the “we’re a large country with one language, so who needs to learn another one?” mentality that blankets much of the USA? I’m not familiar with the language dynamics there. I’ve found it uncommon to meet a European who speaks less than three languages in at least a light conversational level. English being a core.
I think we may have access to more users and developers that will have an easier time collaborating through the pivotal event of launching a new pegged asset for NuNet by starting with a NuEuro. If everything goes well and liquidity can continue to be supported I think launching a NuCNY or other pegged currencies would be rather easy.