you can up-vote any of my posts older than 7 Days Old and not lose any of your Voting Power...
I did not realize that! I thought it was just wasted power because the payout had already passed.
It will be interesting to see what happens. Do you think there's going to be a waiting period where we can all run to the bank and get even more coins? Or do you think it will be a switch where we wake up one morning and find that the money is different?
As per my P.C. Theory, if it happens at all, it will have to happen by Executive Order, and that will be like Flipping a Switch... There will be Key People informed before the General Public... But, you'll either have Physical U.S. Coinage or you won't... The Coinage will be the same, but it's Buying Power will be increased... All Federal Reserve Notes will continue with no increase in Buying Power, and there will be a Redemption Period, where Coinage, with its increased Purchasing Power will co-exist with Federal Reserve Notes... If you have Federal Reserve Notes, you won't gain Buying Power, but you won't lose any either... At the end of the Redemption Period, the Debt Notes become Void, and will lose all Legal Tender Status... If you're a Wage Earner making 25 Dollars per hour it will be reset to 25 Cents per hour at the start of the Reset... Children with Piggy Banks will probably end up with more Purchasing Power than their Parents...
Alright, switch flip. I guess it's good that I have coins here that I had been searching through. If it happens tomorrow, I'll be set. Booyah! (Is that still a thing that people say? Ha ha) I wouldn't mind having a huge increase in the amount of money I had just because I kept a bunch of coins.
Like when you find a quarter in your couch... it would instead be like $25. That would be cool!
Here's another question for you: If you go to the grocery store and want to get a pack of gum, if it's only $0.50 or whatever, are they going to force you to get a second one so it's at least $1.00 (a physical penny)? How will change be given for these smaller amount since we don't have anything smaller than a penny?
If all you have is Physical Coinage, you can get 2 for a Penny or you'll be able to use a Debit Card, a Credit Card, or you can use your U.S. Crypto-Coinage, which will be denominated in Dollars and Cents... Debit, Credit or U.S. Crypto will have fractions of a Cent, so you can buy the gum with a half Crypto Cent... Much like here in the Steemit World... .500 in U.S. Crypto-Coinage... Most people these days, don't use Cash, so it will be easy for them to continue using what they use now, with the added option of U.S. Crypto-Coinage... Our Country will be so much better off, if we give the Central Bank Owners the Boot and start using our own Money...
Ahh, so they're going to do the crypto coins at the same time, so you'll be able to use the fractions. I wonder if they would go back and mint 1/2 pennies and such?
They won't go back to using half pennies again... There's really no need for that any longer... By the way, I'm constantly editing my comments, so take another look at everything... P.S... Physical U.S. Coinage is about to become very Rare... Think 100 Fold increase in Purchasing Power...
So you think that the use of physical US coinage is just a temporary stepping stone until they can get everyone switched over to using crypto?
Just my preference, but if there's a clarification you are making, it's easier for me to see when you reply to the comment. Then I get a notification of a reply. Otherwise, it might get missed.
Physical Coinage will continue, but very hard to get your hands on... Physical U.S. Coinage and U.S. Trade Dollars, will be Cash, and all the rest will be "same as cash"... I prefer having something on hand that will Circulate without the use of Batteries...
I'm with you there. I almost missed a flight once when I tried to pull up my boarding pass at the gate and the reception there was terrible. The wi-fi wasn't working, so I had to run to the counter and cut in front of everyone so I could get my pass. I made it with only a few minutes to spare. Now, I get that pass printed. Can't beat it.