Gold was tried and history shows that gold had failed. The physical nature of gold makes it unsuitable for today’s e-commerce / digital economy. As well, gold tends to centralize into big vaults (honey pots), again due to its physical nature and gold being costly/difficult to secure. Where there is centralization, government capture is always possible, and I would argue, probable.

Gold backed currency is even worse than using gold. We’re back where the government must be trusted; again, history shows that governments are not trustworthy. Gold backed or not, I believe the Zimbabweans were burned and rugged by their government enough times to never trust the government again. I believe this new gold backed currency will not gain wide adoption and will not end well.

Just my 2 sats. Keep working and keep it real.