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RE: The economical failure we let happen
We could stop using their currency and switch to steem and bitcoin of course. How perfect that you are raising this question in a place that is the answer to your problem. Also just in case you haven't read it yet I would recommend the book "The Creature from Jekyll Island". I am reading it now and it is a great read on the workings of the federal reserve and banking system.
Sure, that's what we are aiming for with crypto currencies. But we got no practical way to do this today, the easiest way is to use a debit card that you load with bitcoin which turns into cash. But the fees for withdrawal and usage is to high to make them viable for everyday usage. But in the future i hope we will have a option to do so, to use bitcoin as i use my countries currency.
I will check out the book, thanks for the comment. :)