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Seems too minimal. It would need a large centralized government, a governing class, and a donor class to make it work.

Spey2, reading about such EXTREMIST political philosophies as Minarchism may lead you on a path to Anarcho-Capitalism as it did me.

I know many of the founding generation were minarchists (not all of course) but that came as an outgrowth of their desire to reacquire their customary rights as Englishmen in the new confederacy that were increasingly denied by the King and Parliament that led to the revolution. They were "conservative" in the true meaning of the word.
Jefferson was a minarchist but no pie in the sky minarchist, he knew the nature of men to seek power over others through government and the difficulty of reigning in any government over the generations, “The natural progress of things is for liberty to yield, and government to gain ground”, as he said.

Lew Rockwell explains some of the differences between minarchism and anarcho-capitalism in this short article. You can't help but not see that many modern-day self-described "conservatives" with all their talk of small government and fiscal responsibility aren't even close to being minarchists.

Why I Am an Anarcho-Capitalist https://mises.org/library/why-i-am-anarcho-capitalist

Here's one thing that you fail to understand with your dogma on the way things should be...

You need government to even have a concept of money... money as it exists now couldn't exist in your system. It would have to be tied to something hard and tangible.

That would put you on a severe disadvantage against world countries who see money for what it is... a simple abstraction of an agreed upon metric of value. That's really all money is, people like to make it seem like it's something more than that... it's not.

Like gold is real money, all other money is garbage... meh, gold is ancient money... because of it's rarity, there's no real reason to use it as a currency (there's not enough to go around). It's heavy (even for a metal), so it's not really convenient for transporting it... also, you cannot transport it instantly, so you would actually have to ship it by say train or something... have we had a train robbery in a while? why not? There's no f*ckin gold on trains anymore! There's no point.

Point is... you are extremists... not because what you believe in is "bad"... but because what you believe in is outdated.