This is or will become, One Dollar in "Sound Money"...
It will have the Spending Power of "One" of today's One Hundred Dollar "Bills"...
Yes, I know how insane that appears at first glance, but you're just going to have to have Faith in my Fine Tuning...
I'm not sure the best place to start, so I'll just let my fingers do the talking...
The Fiat USD's have lost (in my opinion) at least 99% of their Spending Power, which only leaves 1%...
So, in order to be fair, I figure "We the People" will be offering a 100 to 1 Exchange Rate from "Physical" Fiat USD's into Sound Money, with "no loss" of Spending Power...
One Hundred Paper Fiat Dollars will get me One Dollar in either Paper Coinage or Common Coinage...
That seems easy enough for anyone to understand...
Our Paper Coinage and our Common Coinage will be 100% backed by Silver, Platinum and Palladium "Coinage"...
Our "Circulating" Silver Coinage will be Denominated from $2 to $10...
Our U.S. Crypto Coinage will be 100% backed by our Gold Coinage...
Our "Circulating" Gold Coinage will be Denominated from $20 to $100...
We will also have "Collector" 1/10 ounce Silver Coins with a $1 Face Value and 1/10 ounce Gold Coins with $10 Face Values...
Our U.S. Crypto Coinage will be Denominated in Dollars, Cents and Decimal Cents...
Now, tell me why it has taken 111 years to get to this point in time...
I hope that answers most of your questions...
I know I'm leaving a lot of my Fine Tuning out, so feel free to question anything I write...
Greetings @pocketechange ,
Quite the succinct summary....lovely!
The ISO20022 Regulation is evidence of asset-back currency, however the date, it is to be implemented keeps being pushed forward....supposedly because banks do not yet have enough gold. What do you think?
Thank you for your tenacity in walking us through what money may look like on the other side of this historical correction.
Wishing you and Happy and Prosperous New Year!
Bleujay
NB I did come across a trader putting an estimate on Silver's top for next year?...£900....there is your 9 dollars. ^__^
I believe everything "is" ready for a go... I have no idea who's in control of the timing... Banks continue to buy Gold, and I believe I know why... I think U.S. Crypto Coinage is what President Trump has in mind, when it comes to making the U.S. the Crypto Capital of the World... Time will certainly tell... Keep it mind that $9 Silver will be in Phase One... Expect Silver to reach $90 in Phase Two and $180 Silver in Phase Three... This is why I picked Gold to back our U.S. Crypto Coinage... Gold is more Stable than Silver... Thanks for commenting and I wish you the best New Year ever...
Silver and gold are the most relevant in this post, look how BTC is going today, I will continue with the same patience in this market
Do you think word is leaking out about Bitcoin...??? You better be on your toes... It could drop 50,000 in one day...
Why does the face value always determine the price?
It's the Melt Value that determines how much Face Value you obtain... One Ounce of Silver will get me $9 in Silver Coins... The Treasury will Mint that Ounce of Silver into $10 in Silver Coins... One Ounce of Gold will get me $90 in Gold Coins, that the Treasury will use to Mint $100 in Gold Coins... As you can see, there is a Melt Value and a Face Value for either an Ounce of silver or an Ounce of Gold... Usually, the Face Value will determine how much change you get back, not the Price of an item...
You received an upvote of 81% from Precious the Silver Mermaid!
Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!
good luck
Good luck doing what...??? If it's trying to convince anyone, it doesn't matter... I'm already sitting pretty... If they're not convinced, it's no skin off my nose... I just don't want them kicking themselves up one end and down the other, once all this comes to pass...
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