The scenario you've outlined—a shift from fiat currencies to cryptocurrencies valued based on kilowatt hours (kWh) of electricity—touches on a speculative yet intriguing economic model. Here's a revised take based on current geopolitical and global economics dynamics, informed by multiple sources:

### 1. **Conversion to kWh**:

With the given values and the global average electricity price, the conversion to kWh remains as previously calculated. However, it's essential to note that the prices of cryptocurrencies are highly volatile and can change significantly over short periods, impacting their kWh value.

### 2. **New Economic Model**:

1. **Pricing Goods and Services**:
   - The pricing in kWh could be influenced by regional energy costs, renewable energy adoption, and geopolitical factors such as trade tariffs on energy resources or energy-related technologies【7†source】【14†source】.

2. **Transactional Efficiency**:
   - Bitcoin might indeed serve as a 'reserve currency' due to its recognition and relatively higher value in kWh. In contrast, Litecoin and Dogecoin could cater to daily transactions and niche markets, respectively, owing to their quicker transaction times and lower kWh values.

3. **Energy Sources and Pricing**:
   - The emphasis on electricity as a base value could drive global efforts towards renewable energy, potentially leading to regional disparities in cryptocurrency values based on renewable energy adoption and energy efficiency【11†source】.

### 3. **Simulation - All Fiats Fail**:

1. **Initial Panic**:
   - The initial reaction could be characterized by a rush towards converting fiat currencies to cryptocurrencies or tangible assets, intensified by geopolitical tensions and economic uncertainties【12†source】【13†source】.

2. **Bartering and Direct Trade**:
   - Bartering might resurface as a transitional mechanism, especially in regions with less access to cryptocurrencies or stable energy supplies.

3. **Cryptocurrency Acceptance**:
   - Bitcoin, Litecoin, and Dogecoin could find their niches as reserve, transactional, and niche market currencies, respectively, with wallets and exchanges adapting to display values in kWh.

4. **Economic Re-structuring**:
   - Financial institutions might transition towards energy brokerage, and governmental economic policies could pivot towards energy-centric models, factoring in the geopolitical dynamics of energy resource allocation and trade.

5. **Long-term Equilibrium**:
   - Over time, as renewable energy becomes more prevalent, and energy storage technologies advance, a new equilibrium might be established, with energy as the central value determinant.

6. **International Trade**:
   - Trade could be facilitated using these cryptocurrencies, with trade balances reflecting energy surpluses or deficits, impacted by geopolitical relations, and energy resource distributions.

### **Final Thoughts**:

Transitioning to an energy-based economy presents both opportunities and challenges. It could drive renewable energy adoption and foster a global emphasis on energy efficiency and sustainability. However, it also poses risks such as potential monopolies over energy resources and the exacerbation of geopolitical tensions over energy resource allocations and trade. This model indeed warrants a rigorous analysis to comprehend its real-world implications fully.