RE: WILL YOU SURVIVE THE RESET...
As per my Theory, our U.S. Coinage will push out the Paper Debt Notes... Since the Debt Notes have lost (in my opinion) 99% of their Purchasing Power, we are Justified to Reset our Coinage with a 100 Fold Increase in Buying Power...
This needs to be done to account for the losses the Debt Notes have Suffered due to their many years of Thief by Inflation...
In other words, when the RESET happens, you'll turn in (or Redeem) a One Dollar Debt Note and you'll receive a ONE CENT coin in its place, with equal Buying Power as the Debt Note turned in...
It's a win win situation... The Debt Notes will be Returned to the Federal Reserve as Payment of Debt and destroyed... Any interest still owed to the Federal Reserve for the "use" of "their" Debt Notes, shall be paid for, in U.S. Coinage...
By the way... Yes, you can buy Gold, Silver or What-Ever, at Fair Market Value, using U.S. Coinage...
And start thinking about a New Paper/Digital Trade Dollar, backed by U.S. Coinage...
Great Comment...
You have been Awarded an instant 100% Up-Vote...
COIN MAN by @pocketechange
I guess if that theory were to occur coinman would be a millionaire! Lol
My only issue with the theory is that the reason we shy away from the use of coinage is due to its poor use as a medium of exhange. Namely, they’re harder and less efficient to transport and exhange.
Especially in the age we live in currently; I rarely ever carry around paper currency as is. Mostly all payments are conducted electronically.
But seeing as coins do hold intrinsic value anything is possible.
Maybe the Reset you’re refering to might occur with coins, but not a coin like a penny or nickel but rather a modern Crypto coin!
Only time will tell!
I see you're a person heading into the Future... Seems to me, there are those who seek total control over us... Those who want to know our every move... Where we eat, where we sleep... There will be a "LIST" of everything we do, and guess what...??? They'll be checking it twice.. lol...
You really wouldn't need to carry that much coinage... Just 3 Quarters, 1 Dime, 2 Nickels and 5 pennies would be the same as you carrying around a Hundred Dollars in Paper (Debt) Notes...
I do like Crypto's... I'm sure they'll change the World... But I can't depend on them, in the same way I can depend on our Coinage... Coinage will be for the day to day Medium of Exchange...
I tend to see Paper and Digital Trade Dollars in our Future, for larger transactions... I also see us Replacing the Federal Reserve Notes with our own Paper Dollars, which shall be backed by U.S. Coinage...
The Paper and Digital Dollars, being meant for larger transactions...
Anyway... I like the privacy of using Cash... One will still be able to Deposit their Cash at the Bank to Store, or to use it Digitally through Debit or Credit Cards... Or use it to buy and use any Crypto you choose...
Another great comment... 100% Up-Vote Awarded...
COIN MAN by @pocketechange