Netherite Standard

The Netherite Standard is a monetary policy that ties the value of a currency or currencies to the value of netherite and/or ancient debris.

Netherite is notable for being the highest tier of tools in Minecraft, especially when combined with diamond. Thanks to the laws of supply and demand, Netherite would have a relatively high value due to high demand for the substance (for smithing tables, tool repair) and the rarity of the substance.