You're not going to fix debts currently owed by sovereign states by denominating that debt in an asset whose ability to expand (i.e. be mined) is decoupled from the 'correct' amount of monetary expansion required.
Note the word 'correct' is open to discussion, but the reason for dropping the gold standard was, as far as I understand, because for this reason.
return the gold standard as world unravels, page-16
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