“>>"You still haven't told me what you would like to see in place of fiat money....Or how you prevent a total economic collapse if you switch to a commodity backed currency."
Why would switching to commodity money destroy the economy? The existing supply of commodities is not changed by the conversion of money from fiat to commodity-backed, and the commodity-backed money is superior because it regains its ability to store value.
Currently, fiat money is a fiction. It is alleged to serve as a stand-in for genuine wealth, but it only survives on trust and the government decree that demands it be considered legal tender. If people were given the choice between fiat and a money that held a claim on tangible assets, they would choose the second every time. That is why issuers of fiat outlaw competing forms of legal tender backed by a commodity- because the superior money will drive the weak fiat out of use.
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