Actually most still think it's gold it's paper gold you transact with it because it's better than gold in that you can move it faster.
It is inflationary. It works with a theoretical 1:1 peg and is discouraged with hi transaction fees.
Not true at all. My gold can move as fast as your garbage.
The scBTC has the same feature as garbagecoin + risk-free put so I'm not gonna use garbage coin.
I'm ignorant here how does one move physical gold as fast as a paper receipt or digital proof of it in electronic form.