I do like the idea behind Bitcoin, but I sure wouldn't pick it over U.S. Crypto-Coinage...
The main reason I wouldn't place my bet on Bitcoin is because it's "Not Stable" which makes for a Poor Monetary Tool...
I could be wrong, so it's up to you to decide what's best in your mind...
It's not a good time to close your eyes and go to sleep, when it comes to U.S. Crypto-Coinage...
Will it make a difference, when it's "Stable" and 100% backed by an "equal" Face Value amount of U.S. Gold "Coins"...???
So, what makes me think People will be willing to Sell One Ounce of Gold, for $90 in U.S. Crypto-Coinage...???
For one, our U.S. Crypto-Coinage will be "fast" and 100% backed...
Banks will be required to maintain Minimum Amounts of both U.S. Gold Coins and U.S. Crypto-Coinage...
Who cares if $90 in Electronic Coinage is backed by $90 in U.S. Gold Coins...???
Hopefully, everyone will care, including all my readers...
And so what, if $90 in U.S. Crypto-Coinage has the "Spending Power" of 9,000 of today's Fiat USD's...
Since I've been getting in on the Ground Floor of U.S. Crypto-Coinage, I'm going to experience a 100 Fold increase in all the Common U.S. Coinage, I've been collecting, just in the years I've been writing these Blogs...
I've been calling it U.S. Electronic Coinage for years, up until the other day...
Who believes $90 in U.S. Coinage will get me $90 in U.S. Crypto-Coinage...???
I have to admit, that it is very hard for most people to believe...
You have no idea how many eyes I've seen rolling, while Shooting Pool...
It's actually very hard for me to complete a Sentence when Shooting Pool...
Very few people are gong to believe a 25 Cent Coin will have the Spending Power of 25 of today's Fiat USD's, and I can't say I blame them...
As you may or may not know, I have put a lot of thought into Correcting our U.S. Monetary System...
I became my own best student...
If I'm wrong about everything, then why is President Trump talking about a Golden Age, and the United States becoming the Crypto-Capital of the World...???
As far as I'm concerned, I've been right, about what's heading our way, all along...
I've been calling it Electronic Coinage, but calling it Crypto-Coinage, seems like it would be easier for people to understand...
People tend to understand Cryptocurrencies better than Electronic Coinage...
So, I ended up combining the two, by changing the name to Crypto-Coinage...
That shouldn't be too hard for people to wrap their heads around...
I figure our U.S. Crypto-Coinage will be "Stable" and 100% backed by U.S. Gold Coins, which makes it a good Monetary Tool...
The problem I see with Bitcoin and other Cryptocurrencies, is that they are constantly fluctuating in value...
I'm not sure about you, but I like the idea behind Stable and 100% backed Monetary Tools...
Anyway...
I hope everyone is doing well...
Stacking Silver is also a very good option, which (in my opinion) will do much better than Gold...
I figure, the Melt Value of Gold will become Stable at $90 per ounce, payable in U.S. Gold Coins , Crypto-Coinage, or a combination of the two...
I also figure the day will come when One Ounce of Silver will get me Two Ounces of Gold...
This is why I want our U.S. Crypto-Coinage to be backed by "U.S. Gold Coins"...
The 1/10 ounce Gold Coin will have a $10 Face Value, but will only be issued as Collector Coinage, because of its small size and huge amount of Spending Power...
Our 1/5 ounce Gold Coins will have a $20 Face Value and the Spending Power of 2,000 of today's Fiat USD's...
Our 1/2 ounce Gold Coins will have a $50 Face Value and the Spending Power of 5,000 of today's Fiat USD's...
Last is our One Ounce $100 Gold Coins, which will have the Spending Power of 10,000 of today's Fiat USD's...
All that Spending Power will be backing $100 in U.S. Crypto-Coinage...
I'm not sure how Bitcoin or any other Cryptocurrency can compete with U.S. Crypto-Coinage...
This is why you need to make up your own mind, when it comes to Monetary Tools...
I figure our U.S. Crypto-Coinage will be using Dollars, Cents and Decimal Cents...
One Decimal Cent ($0.0001) will have the Spending Power of One of today's Digital Fiat Cents...
One Crypto-Cent will have the the Spending Power of One of today's Digital Fiat USD's...
One Crypto-Dollar will have the Spending Power of 100 of today's Digital Fiat USD's...
One Crypto-Dollar will have the same Spending Power as a $1 U.S. Coin...
A $1 U.S. Coin will have the Spending Power of 100 of today's Fiat USD's...
Are you starting to get the picture, because I'm getting tired of typing...
If you have any questions, just ask...
Otherwise I have a lot of posts you may be interested in reading...
You may be interested in what Gregory has to say...
I often wonder what Gregory would think about my "Fine Tuned" version of what's to come...
I doubt that you'll find my words coming from anyone else...
