Digital Fiat USD's will not do as good as Physical Fiat USD's...
If my Bank Crashes and I have 250,000 Digital Fiat USD's in an FDIC insured Account, I will end up with $2,500 in U.S. Crypto Coinage, with no loss of "Spending Power"...
Your guess is as good as mine, if I have "more" than 250,000 Digital Fiat USD's in my insured Account...
If the Central Bank Owners want to stay in business, they're going to have to sell their Silver and Gold to the U.S. Treasury, if they want to get their hands on our U.S. Crypto Currency...
USCC will be denominated in Dollars, Cents and Decimal Cents...
United States Crypto Coinage will be "Stable" and "100%" backed by United States Gold Coins...
The only way to obtain "new" USCC is with Gold...
Once obtain, it becomes "existing" USCC, which will Circulate freely, all over the World...
Existing USCC can be used to buy anything of value, even a Rock...
I plan on selling most of my Gold for USCC, since I'll be doing plenty of spending, once I start processing my Silver and Gold Deposits...
One ounce of Gold will get me $90 in USCC...
I'll need plenty of USCC to pay all the People I put to work...
I'll be putting in a Road, Power Lines that will head to my Mill Site and Processing Plant, which will be located near my Discovery...
USCC will be no problem, since my heavy brown rock samples a very rich in Silver and Gold...
In other words, I'll be Spending Money like Crazy...
I'm sure, most of you already think I'm a Nut Case, and I'm fine with that...
Anyway...
People and Countries all over the world, will be selling their Silver and Gold to get their hands on our USCC along with our New Paper Coinage, which will be denominated from One Cent to One Hundred Cents...
Our Paper Coinage will be 100% backed by our Silver, Platinum and Palladium Coins...
Paper Coinage will be used because of its Privacy Factor and it's lower denominations...
Keep in mind that our Silver and Gold Coins will have "huge" amounts of Spending Power...
I figure our Silver Coinage, Gold Coinage, Crypto Coinage and Paper Coinage will be used all over the World...
One ounce of Gold will get me $90 in either Gold Coins, $90 in USCC, or a Combination of both...
One ounce of Silver will get me $9 in "Circulating" Silver Coinage, $9 in Paper Coinage or a Combination of both...
Those of us living in the United States will also be using our Common U.S. Coinage, which will instantly become "Sound Money"...
Think about what that means, the next time you dump your U.S. Clad Coinage in a Coin Counting Machine for Fiat USD's...
I welcome any and all questions or concerns...
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I see that you are very active with your posts, I have NOT had time and I still DO NOT have time to do mine, but I will try to do it in the afternoon hours, I have too much work, I DO NOT like to work under pressure so I have to prioritize.
A hug and happy start of the week
I take a lot of coffee breaks, so I'm always checking to see if I get any replies... I usually have my latest Blog ready at least 20 hours before I post it...lol... I'm able to type very fast...