Anonymous ID: 8a4236 Dec. 10, 2018, 1:25 p.m. No.4244955   🗄️.is 🔗kun   >>5166

>>4244908

Asset backed currencies have never passed the test of history.

They are always debased. The temptation is too strong..

 

Any true money needs to be provably scarce.

Anonymous ID: 8a4236 Dec. 10, 2018, 1:38 p.m. No.4245183   🗄️.is 🔗kun

>>4245112

The Greenbacks had wild value fluctuations based on the confidence level in the gov of the time. And were abandoned for overprinting

 

What you bring up could work though.

But it is a repitition of the system we are already in (with a few key changes, like you brought up)