I just find that gold still is tangible. The "work for 1 hour" seems even easier to twist and turn into something it is not. For gold I should be able to demand to have my gold.
Yes - tangible goods command premium price. Which how I came to this. Originally I thought we could do it with crypto but crypto can be problematic. Goods in hand are demonstrable.
Btw, there are of course people who have discussed ideas along similar lines before. Info can be found in philosophy of Counter-Economics and Agorism (both have dedicated Memo topics).
Maybe I shouldn't have said that though. All I know is that there are these communities, and they "probably have thought of similar things, maybe not". I don't even believe Agorism...
works well in the real world (except perhaps in very small communities). If it doesn't, the ones pushing it cannot be perfect philosophers, and may send you down a wrong track.
And the idea of a "1 hour" voucher is still an "in hand" Value which can be negotiated. There can be a lot of wiggle room for both parties when negotiating for a "1 hour" Value.