Most of the view points in the talk are not new, not even new to cryptocurrencies as more than a few have already tried asset backing based on commodities and even baskets of goods as Prof. Shiller supports. The problem with asset or commodiites backing past cryptocurrencies was accountability. Tether seems to be the only success in this, yet has been experiencing a deluge of criticism lately doubting that every tether is backed by 1 United States Dollar. Like most things in life, it comes down to accountability. And like most things in life, accountability is complex unless the entire system of form and function digitized or carved in stone.