Dr Andrew Forrest has come out with an AUDT dollar pegged to the gold coin to protect Australians from inflation and the inevitable collapse of fiat currency.  
 
I can see this becoming extremely popular with almost no drawbacks. The only bad thing would be if people were to head down a bitcoin to a gold backed stable coin route that would ultimately discourage people from purchasing actual physical gold. 
 
As of 11-5-2024, I would have started with one of the many stable Coins available. Maybe the one offered by Tether (Platinum) or Paxos. 
 
Anyone else see the benefits? 
 
Source: The Australian