Hi, all.

     I just got an idea to stabilize the price of bitcoin by gold. I want to establish a company to backup bitcoin with gold. I will give the promise to exchange 3 bitcoin for 1 gram of gold. I will not call bitcoin a currency, instead I will call it a virtual commodity.

     I have done some homework, I think in order to keep the promise, I need to prepare 100 kilograms of gold, that is 4.8 million US dollar.   

     I believe that this will be benefical to the bitcoin economy. Also by doing so, I can make some profit by charging transfer fees like MtGox.

     So what you guys think? Any good suggestions?