This post is my reply to a reply...
I love all your questions...
I'll try to answer them the best I can...
"We the People" control the issuance of U.S. Crypto Coinage, which will be denominated in Electronic Dollars, Cents and Decimal Cents...
Every time a Gold Coin is Minted, the U.S. Treasury will be allowed to issue an equal Face Value amount of Electronic Coinage...
There will be an accurate count of every Gold Coin Minted to insure that they will be in Perfect Balance with the amount of Electronic Coinage issued...
Our Gold Standard will not be backed by Gold Bars they will be backed by U.S. Gold "Coins"...
I think of Gold Bars as a "Commodity" while I think of Gold "Coins" as Monetary Tools...
Once "New" Electronic Coinage is issued, it becomes "Existing" Electronic Coinage that will freely Circulate...
There will be a record of every transaction...
I'll be using my Electronic Coinage for paying Bills and such...
I'll be the one who decides how much Electronic Coinage I'll be keeping in my Quantum Monetary Account...
I'll be using my Gold Coins, Silver Coins, Silver Certificates and Common U.S. Coinage, for my every day Spending...
Not that I'll be using my Silver and Gold Coins all that much...
I'll mostly be using my Silver Certificates and Common Coinage for my every day Spending, because of the Privacy Factor...
The best part of my "Fine Tuned" version of the U.S. Monetary Correction is that we will have both Physical and Electronic Coinage, which will remain "Stable" and used all over the World...
I picked Gold Coins to back our Electronic Coinage, because it will remain Stable...
Silver Coins will require a Phase Two and a Phase Three, since it won't be as Stable as Gold...
The Day will come when One Ounce of Silver will get me Two Ounces of Gold...
Phase Two and Three will address Silvers increase in Value over the Decades...
Anyway...
In Phase One, the U.S. Treasury will be offering $9 in Silver Coins or $9 in Silver Certificates for One Ounce of Silver...
They will use that Ounce of Silver to "Mint" $10 in Silver Coins and issue $10 in Silver Certificates...
By the way... Silver Certificates will be denominated in "Cents" not "Dollars"...
The U.S. Treasury will offer $90 in Gold Coins or $90 in Electronic Coinage for every Ounce of Gold...
The Ounce of Gold will be used to "Mint" $100 in Gold Coinage and issue $100 in Electronic Coinage...
I have many blogs on all of this if you're still interested...
I figured my reply would make for a good post...
(I figured my reply would make for a good post...)I think it's a good way to respond, and take advantage of the opportunity to make the post.
Most of the time, my replies are never answered... I just deleted one of my replies yesterday... Some people just don't deserve reading what I have to write...
Interesting!
!BBH
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