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The ONLY WAY to ensure your currency is backed by an asset, IS TO ALLOW THE PEOPLE TO TRADE FOR THE “ASSET”.
POINT-BLANK-PERIOD.
YOU must be able to trade “currency” WITHOUT RESTRICTION, SANCTION, CRIMINALIZATION.
Please note: You can’t say “China” on Tik Tok.
DO NOT TRUST THEIR CRIMINAL BANKING SYSTEMS TO ACCOUNT FOR “ASSET BACKED DIGITAL CURRENCY ANYTHING”. (Federal Reserve et. al.)
Here are some articles I wrote specifically about the “Asset backed digital currency”.
Tether and Peg indices from fairy land.
https://clearwater-trust.com/blog/can-blockchain-integrate-with-the-real-world/
https://clearwater-trust.com/blog/tether-and-peg-a-digital-currency-nightmare-by-central-banking/
lol
https://www.coindesk.com/consensus-magazine/2022/12/29/how-tether-can-be-a-more-stable-stablecoin/
TLDR; The blockchain can be valuable only through people’s agreements.
Forcing people to trade phantasy backed currency is A JOKE.
FREE THE PEOPLE.
https://pepper.works/charms/support-essential-workers-fbi-cia-operatives-foreign-domestic-military-engagements-and-corporate-stimulus/