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Two really big things. One, the mining. That confuses the issue, and is a drawback from the seriousness of what you are attempting. Two, the first (and most reasonable) question anyone would have is: exchange. Plenty of things are in demand but that does not make them currency. Beads are in demand at Mardi Gras. Girls who wouldn't take their shirts off for $100 will do it for beads. But since beads have no real exchange, they are functionally worthless as a currency regardless of the demand.
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