Yes, but I will not be exchanging them for gold. If the admins want to do that then that is fine. The equality rate is simply so that people can gauge how much red stone is worth when purchasing items in the city.
We need to carve out more of the city center for some shops, an embassy, town hall, subway, Subway, and walk ways to other sections of the city (ie. Garden/money farm). We will be closing down residency in the underground portion of town until we get some people moved in up top (no more people moving in downstairs for now, everyone already there is fine). Once we get 5-6 people topside with houses, we can start to clear out another residential area underground. I am also thinking of making the city multi-layered with a hole in the middle like really nice malls.
The reason I prefer redstone is because it is non-renewable like wood is. Wood will cause inflation because you can never run out of it. It would work great if you added redstone to the server wide list.