>> Trust in governments would evaporate
I am unclear why anyone ever trusted government or believed government would be the avenue for resolution of this problem
You either understand history, or you trust government, you can not both understand history and trust government..
The second people put their trust in government was the second humanity was fucked. In the best of time Government is like fire, is a troublesome servant and a terrible master.
>the purpose of a government is to keep us all safe
When has that ever been the case... The purpose for government is to provide a framework for non-violent dispute resolution, and to safe guard natural rights and property), and maybe form a national defense force. Not to provide individual safety and security.
>>Currency would lose its value, because it assumes that there will be a future better than the present where you might want to buy things.
No fiat currency actually needs the future to look worse than today to encourage spending today and discourage saving for tomorrow. This is why fiat currency required inflation, and why deflation is feared above all else with fiat currency. You have to have spending today, you have to have people spending in multiples of what they really have in currency (i.e debt spending) and you have to have that in perpetuity.
In short, Fiat Currency is a legal pozi scheme that is destined to fail at some point anyway....