Tax dollar, food stamps, housing vouchers, California infant supplement. Just four is enough, the sandbox supports them. They are each an issuer's money governed by some rules. They all do, or can easily, be transacted with square plastic things in our hand.
So, any good wallet has a configuration procedure that supports any of these government coins, as the legislature desires. All of the government ledger services are available in the monetary naming system. And government ledger services will be trading these coins against the tax dollar, so the sandbox offers standard auto trading. No money distorted by HFT.
We are asking the impossible if we expect central banks to pretend to a monopoly. These are just the government exceptions, not even counting the discount coins. The square plastic thing is already committed to a multi-currency system.
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