It's not necessary that an economy will converge on the best money.

Governmental power structures can very well impede people from using what individuals think is better money.

And it's possible that people can voluntarily opt to use other forms of money, because that's what suits their needs and circumstances.

But they can't escape the consequences of using weaker money, like:

•Roundabout and complex production won't be engaged in.

•Time preference of people would tend to be high. Not much savings of deferred consumption.

•The options available to them to purchase in the market will be much less.

•The options available to them in terms of business ventures would also be limited.

•There will be a tendency in those who produce rice to direct the government does.

And it's not necessary that people will reject wealth redistribution as well.

Similar to what I said above, they won't be able to escape the consequences of redistribution:

•Investment in the production of goods that the market wants will not occur or be hampered.

•You'll find people who don't value their own bodies that much as they don't have full control over it, as a consequence of their labour being taxed. So you'll find that people fall sick or engage in self-abuse.

•Overall productivity will hit a ceiling.

•Those in government or those close to it will get quite wealthy while others get less wealthy.

It's also possible that people consent to such a system of slavery or serfdom as well.. you know, like people in every society at the moment do.