Value will be created with the deposed US-dollar.
If you buy cryptoDOLLAR, it will cost 1 USD and that 1 US-dollar will deposed on safe and never used.
But if cryptomarket crash, or no one don't want to trade cD anymore, you will get that deposed dollar back. I think cryptoDOLLAR realistic value is then 1 usd.
If it's well operated & trusted by people for some time, the value will exceed 1 Dollar, and you don't have enough reserve to keep the price at 1$. What you will do? Fork more so-called cD-2, cD-3?
Attach to the USD is not a good thing. You might forget the famous Liberty Reserve. Or you are a child not knowing it.
He definitely is a kid or something, who recently jumped on cryptocoins but failed with understanding the mining part of the deal. Even bigger
fail is expecting people to invest up to $2M into his 100% premined coin. Not sure if guy heard of Ripple but there are some lessions to learn.
Mining is other think. One point why I made cryptodollar is, all exchange providers can offer coin vs usd trade.
cD is more like ripple, but not exactly.
I dont think any exchange is willing to BUY cryptodollars from you and hold them for their potential customers to maybe buy them from the exchange in the future, how do you gonna distribute cryptodollar to the exchanges when there is no liquidity for the cryptodollars before someone pays for them?
Who will hold all deposited real dollars and where? Your personal bank account or your LTD companys bank account (that practically makes it your own bank account anyway).
Why would they use cryptoDollars when they might keep on to use Bitcoin as they are atm.
I dont know if you see your logic bumps and fails yourself, maybe your mother called you "special" as a kid, i can only speculate.
And with how the economy is looking - who is interested in holding USD long term, America was almost going bankrupt a few months ago in case you did not notice, why do you think people want Bitcoin!?