hummmm. what about this:
https://www.marc.cn/2014/03/auroracoin-innovative-experiment-or-innovative-scam.html
Discussion
Interesting one I haven’t seen before, but no…it was written a few years after the collapse of auroracoin, like 2017-2020 or thereabouts…
Using the auroracoin example, it concluded that since bitcoin is global, countries issuing their own shitcoin would never really work, since it could just be traded, globally, for bitcoin