I think any attempt to create 'pretend better gold' will be met with currency collapse and a thriving black market.
It's no different that having somebody point a gun at you and saying, "I'll give you MY special, sacred $10 bill, and you give me YOUR pagan $100 bill. They are equal in value, according to my gun."
After you walk away, another guy points a gun at you and says, "I'll give you MY special, sacred $1 bill, and you give me YOUR pagan $10 bill. They are equal in value, according to my gun."
After you walk away, another guy points a gun at you and says, "I'll give you MY special, sacred PENNY, and you give me YOUR pagan $1 bill. They are equal in value, according to my gun."
You throw your worthless penny in the drink, and get busted and imprisoned for how you treated your Sacred Money. |