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Problems I see with the current Dinar system



What problems I see with the current Dinar system?
1] I don’t believe the dinar should be priced according to the trading spot price, because they are trading paper on the exchanges and instead should atleast be fixed once a day with the fixed prices of London or New York. 
The continuous checking of the paper to metal value isnt practical, especially if done in a market place, as some type of stability is needed. Or better yet, have a stable value similar to how The American Open Currency Standard has it or Hugo Salinas-Price’s (President of the Mexican Civic Association for Silver) concept of it, seen in slide 9 of his presentation on ‘
How to monetize silver so that it can circulate permanently in parallel with paper and digital money’.

2] I believe that minted coins should be minted for the lowest price to spot/fixed price, which unfortunately I dont see with eDinar – Digital eDinar $203.66 while coin $224.12 (10% premium – reasonable) and Digital eDirham $4.17 while coin $9.17 (120% premium – ridiculous). Then for the coins to be shipped and handled, and possibly taxed, to other places in the world, means individuals purchasing the coins will have a very high premium to pay, and instead local mints should take up this task to keep premiums low. 

I purchased a Kelantan dirham during my trip to Cape Town, where the seller from Singapore had purchased it online from eDinar and had it mailed to him from UAE and had to pay import taxes. He sold the coin to me at 60 rand ($8.72) after checking the price online , when the price of 3 grams of silver was $3.59, resulting in me paying a premium of 143 percent.

3] With the World Islamic Mint located in Abu Dhabi and the eDinar Fz in Dubai, I dont see much of a push from their end to promote the availability of dinar/dirham in the Arab region, as I live in the UAE and cant walk into their office and purchase a coin or purchase it from a local jewellery shop. I must log into their website, verify who I am, and only then can a purchase a coin. 

Why such a run around, when I can easily go into a jewellery shop in Dubai and purchase a 8g 22k British Gold Sovereign coin with no questions. When they first launched in 2001, the coins were available in Thomas Cook Al Rostamani money exchange and in Dubai Islamic Bank, but unfortunately they are no longer available in these places.Shrimp-scampi-linguine.

 Problems I see with the current Dinar system Video :
















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