This all seems obvious to most of us yet so many still hang on to the idea of issuing an "asset-backed" unit that would be traded within this ledger. This is asinine and defeats the whole purpose of having a trustless ledger.
It is a decent way to begin marketing it to the masses though.
Most people can't comprehend why we would need a new currency. Oh..we can trade "stuff" on this ledger, cheaper.
bitcoin the blockchain has value