Discussion Title: What is the best backing for currencies? 1. What is the best backing \(includes pegging\) for currencies? 1.1. Other currencies 1.1.1. Pro: Cryptocurrencies 1.1.1.1. Pro: These are sustainable 1.1.2. Pro: The dollar 1.1.2.1. Pro: It's used by most of the world. 1.2. Gold 1.2.1. Con: The world got off the Gold Standard due to the [issues](https://seekingalpha.com/article/4048750-problem-gold-backed-currencies) with it. 1.3. Economic units 1.3.1. Pro: Assets 1.3.2. Pro: GDP 1.4. Oil 1.4.1. Con: It's unsustainable