Appreciate your opinion.
Just want to clarify a few things:
It should have no monitory value and not have a use other than voting
In the new complex & dynamic economy this shouldn’t be a thing anymore. And by fact cannot be and isn’t. Every token on Ethereum (any other) blockchain has monetary meaning by default. So saying something like this (token XXX should not have any monetary value and have only one purpose) is wrong by nature. I just (and someone here: ENS Registration Fees) try to expand its monetary meaning even further to align with freeness and beauty of web3.
As for other currencies.
but how would we write the token to the Ethereum blockchain? Would we have to convert something like BTC to ETH on the fly
No, that’s not needed. Every new payment currency will go straight forward to the treasure wallet without any conversion in the same way ETH is going to the treasure currently. If I want to pay with WBTC - it should be an issue: WBTC (as ERC20 token) goes to treasury and ETH goes to mines/being burned (as always). ENS DAO treasury gets diversified portfolio, miners get fees and I get less headache (and don’t loose money) by not swaping WBTC to ETH beforehand. Everyone’s happy.