Why not just go back to gold and silver coins?
Q = UIET
Seems doable then.
It's a fanciful idea, but it gets us away from the cycle of currency debasement.
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.
What will the treasury notes represent?
wtf is that
14 Fish
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)