Cryptocurrencies will "not" save us...

in #steemsilvergold4 years ago (edited)

To me, they are too unstable to work as a Monetary Tool...

What if we had to Measure with feet and inches that keep changing, minute by minute...???

We need a Stable Monetary Tool, that remains Stable...

Our Monetary System needs to be the same today as well as tomorrow...

That's not going to happen with any of the Cryptocurrencies, I've been seeing...

I came up with 4 Silver and 4 Gold Coins, that will be Stable...

A One Ounce $100 Gold Coin will be $100, day after day, and year after year...

The Gold in a $100 Gold Coin will continue to weigh One Ounce, year after year...

The Melt Value of Gold will be allowed to Fluctuate below the Face Value of our Gold Coinage...

Mistakes were made when the Weights and Face Value Measurements of our Silver and Gold Coins were first decided...

I have total confidence that all those Mistakes "can and will" be Corrected...

Anyway...

In my Opinion, Unstable Cryptocurrencies will not save us from the Fiat USD's we're currently using...

We the People own the Rights to U.S. Coinage, in "any" form, we choose to issue...

I don't mind if People use Cryptocurrencies, because I don't see them as a Threat to Sound Money...

I have no problem with people who want to trade in their Fiat USD's for Cryptocurrencies...

When the Monetary Correction is Activated and Announced, good luck trying to Trade your Cryptocurrencies in for our Sound Money...

Let's say Bitcoin is at 50,000 Fiat USD's at the time of the Reset...

The 100 to 1 Exchange Rate from Fiat to Sound money will cause Bitcoin to be Reset to $500 in Sound Money...

If I have $500 in Common U.S. Clad Coinage, I'll be able to buy One Bitcoin...

So, anyone buying Bitcoin for 50,000 Fiat USD's could have bought $50,000 U.S. Coinage instead...

$50,000 in U.S. Coinage, will be enough to buy 100 Bitcoins, after the Monetary Correction...

So, if you're really into Bitcoin, wouldn't it be wise to buy $50,000 in U.S. Coinage now, so that you are able to buy 100 Bitcoins, at a later date...???

Feel free to question anything I write...

Brought to you by @pocket-change...

February 3, 2022... 18.5 Hollywood Time...

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On day cryptocurrencies can save your day or even a year. But on bad period everything changes. A stable form of money is needed

I have no problem with anyone investing in Cryptocurrencies... I wish them all well... I just can't picture them ever becoming stable... Thanks for siding with a Stable Monetary System...
February 4, 2022... 1.4 Hollywood Time...

We pray that one day it will be stable

We're going to do more than Pray... We're going to Move Mountains...
February 4, 2022... 14.7 Hollywood Time...

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