No, there is a massive advantage - it stops BRICS and keeps USD on life support as a global reserve.
Every nation in the USD trading sphere will want the limited amount of corn because they can’t print USD and will need it for international trade and/or fiat sovereign bonds.
When you say the currency would be pegged to bitcoin, the currency would also be pegged to other assets and performance too? Then I could understand, else it would be a one-to-one relation with bitcoin like it once was like with gold. It worked with gold because fiat is easier to carry and divide.
