Economist Bernard Lietaer proposed a currency similarly based on a basket of commodities called the Terra back in 2001, but could never get it off the ground.

Economist Bernard Lietaer proposed a currency similarly based on a basket of commodities called the Terra back in 2001, but could never get it off the ground. Would be interesting if this turned out to be equivalent. https://en.m.wikipedia.org/wiki/Terra_(currency) https://en.m.wikipedia.org/wiki/Terra_(currency)