Creating an economy based completely using coin is the way it should be. Buying and selling with unbacked paper currency "notes" is like trading with personal checks that cannot be cashed, but must be accepted by law. No intrinsic value at all.
Creating an economy based completely using coin is the way it should be. Buying and selling with unbacked paper currency "notes" is like trading with personal checks that cannot be cashed, but must be accepted by law. No intrinsic value at all.
Everything I came up with, will be 100% backed by Gold Coins, in the case of U.S. Crypto Coinage, or 100% backed by Silver, Platinum and Palladium Coinage, in the case of Paper and Common Coinage... It's important to remember the 100 to 1 Exchange Rate, away from "Physical" Fiat USD's... Digital Fiat USD's is another story...
Seems legit. !BBH
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That's how you can tell, it came from a higher power than me...
I need to open some coinstars. !BBH
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You'd be better off, turning U.S. Coinage into U.S. Crypto Coinage... Drop in a Dime and get back a USCC Debit Card containing 1,000 Decimal Cents... These will be used for Privacy Spending, along with Paper Coinage and Common Coinage, when paying amounts less than One Cent... I'm sure a small fee will be charged, which you'll collect... Naturally, you'll have to use "existing" USCC...