Thanks for going on the problem, the velocity of money. The slower the money, the bigger the economic issues. Now with the crisis, we see that the stimulus is not accelerating the economic speed. Here you pointed it very well, it does not increase the speed as it is distributed in the wrong places.
I like the idea of stimulus for local to local, as it helps directly. Of course, not all business can be saved as there is no panacea available. Here there might be a shift in business mentality in the months to come and how we want to see them. There is obvious that the local coffee shop can't make it without help. But when we help them, shall we help the big chains also or shall we require bigger businesses to build bigger safety nets? Tricky thing.
Cryptocurrency as local tender can help here, even if it is distributed to bigger chains, they can't spend it anywhere else and the money stays in the local economy. Interesting things to come.
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