Dogecoin’s New Gold Plan: Rich or Confused?

In its statement, the company describes the idea as a system where each token would be tied to a precisely defined amount of physical gold, measured at the nanogram level. Because nothing says “trust me” like measuring gold with a magnifying glass and a ruler. Under the plan, that gold would be held in custody by an independent, institutional-grade precious metals custodian-presumably someone who also owns a pet sloth and a degree in “Irrational Trust.”