I do think this is actually a good idea you know .
To have a digital asset , a cryptocurrency that too backed up by major companies so that we can entrust it actually with some money and it won't go too low as we expect it be .
Therefore I don't know why this is not something that is a good thing .
We could avoid the bearish market and it may be beneficial for us in a long haul, I do think it might work out just fine.
We should experiment , we shouldn't just copy , if they would have just made a cryptocurrency like Bitcoin then it would still be lumped in the thousands other altcoins that we already have.