You are viewing a single comment's thread from:

RE: FDIC covered Bank Accounts...

The FDIC exists for one, sole purpose: to put the people to sleep in order to prevent bank runs. In the event of a monetary crisis, if the bank doesn't have the money, where is the FDIC supposed to get it from, the bank?!?! The FDIC's balance sheet is public information for anyone who cares to look (i.e. nobody but me and a couple other nerds). They have literally less than a cent on the dollar.

1000043181.jpg

1000043183.jpg

1000043185.jpg

Sort:  

Actually, One Cent on the Fiat Dollar works perfectly with the 100 to 1 Exchange Rate, I came up with... This is why I think there will be enough to cover 250,000 of today's Digital Fiat USD's with $2,500 of our soon to be activated, U.S. Crypto-Coinage... The 100 to 1 Exchange Rate will take place during the Redemption Period... U.S. Crypto-Coinage will have 100 times more Spending Power than today's Digital Fiat USD's...