Seems to me the thing to do if you were trying to start a fresh, asset backed money and get rid of the inflated fiat money would be to destroy the money or hold it and not spend it, you could destroy physical cash and for digital dollar credits I'm not sure if you can simply delete them but I think you could, they don't have serial numbers and they are created by fraud anyway. Also like someone said here they could be buying up all available physical gold to use to back the better system, if so maybe they are using a cooperative agent in another country or multiple countries to hold the gold. This would also eventually break the manipulation of the precious metals markets as the scarcity of physical metal would de-couple the perceived value away from the manipulated spot prices. You would need to trust a lot of people though, I would be in favor of deleting and destroying money, that way it would be more affordable to do a one-to-one redemption of the old money for new to the more honest people. (not that I think or ever thought we would get a 1:1 redemption)