TEXIT: A CASE OF KAKISTOSCRYPTOCRACY

Abstract

The goals of this study were to compare TEXIT and kakistoscryptocracy, and to investigate the scenarios of official money in Texas based on TEXIT. The study utilized documentary research. The findings found that TEXIT and Kakistoscryptocracy significantly differed in three key areas, including focus, scope, and implication. Two scenarios were the US Dollar and Bitcon. Last, the study suggested that a hypothetical Texas government could utilize "governmental power marketing" to strengthen its position.