Everybody, (all over the world) will want to use our "Tax Free" U.S. Electronic Dollars, Cents and Decimal Cents...
There will be no "Rental Fees" attached to our "Tax Free" Coinage, unless I obtain it from a Licensed Bank or Loan Company...
We'll be able to "make change" for a Paper Cent or a One Cent Coin...
The best way to obtain Electronic Coinage, will be with our existing U.S. Coinage...
Eventually, I'll be able to Drop a Coin in a Machine that will offer me Electronic Coinage, that can be added to my Private Debit Card, for a Small Fee...
My Debit Card or Smart Phone, will allow me to add or subtract, Electronic Dollars, Cents and Decimal Cents...
Yes, people will always be looking for ways to earn Profits...
If I didn't have any Common U.S. Coinage, my next best options will be to "Work for it" or Sell something of Value, like Silver or Gold, to someone who already has Electronic Coinage...
I have many good reasons to believe, the U.S. Treasury will be offering $9 in Electronic Coinage for an Ounce of Silver and $90 in Electronic Coinage for an Ounce of Gold...
They will use that Ounce of Silver to Mint $10's in Silver Coins and use the Ounce of Gold to Mint $100's in Gold Coins...
The Melt Value of Silver and Gold must remain lower than the Face Values of our Silver and Gold Coins...
I can't rule out Future adjustments, when it comes to "our" Silver Coins...
Once issued, Electronic Coinage will Circulate Freely, and will be "As Good as Gold"...
Banks will be "Licensed" to Extend Credit, or Lend Electronic Coinage based on a Percentage of their Existing Deposits of Electronic Coinage...
Banks will be responsible for turning their Digital Fiat into Electronic Coinage...
Is it any wonder the Banks have been stocking up on Silver and Gold...???
They will need all that Silver and Gold, in order to get their hands on our Electronic Coinage...
You can actually sell anything you have to obtain Electronic Coinage, once it is Freely Circulating...
In order to obtain New Electronic Coinage, it must be Purchased from the U.S. Treasury using "Refined" Silver, Gold, Platinum or Palladium...
The U.S. Treasury will only be allowed to issue "New" Electronic Coinage, based on the Face Values and/or Weights, of our "Newly Minted" or any of our "Existing" Silver, Gold, Platinum and Palladium "Collector" Coins...
Existing U.S. Silver or Gold Coins will be considered "Collector Coinage" with Premiums Attached...
This means our Electronic Coinage, will be 100% backed by the Face Values of our Newly Minted Precious Metal Coinage, or our Existing "Collector Coinage" with Collector Premiums Attached...
When it comes to our Silver and Gold Coins, we will have both "Circulating" and "Collector" Coins...
I figure our 1/10 ounce Silver and Gold Coins will only be issued as "Collector Coinage" because of their Small Size and Huge Amount of Spending Power...
This should keep all you Coin Collectors happy...
Besides, most of our Silver and Gold Coins won't be used as Pocket Change...
Our Smallest 1/5 ounce "Circulating" Silver Coin will have a $2 Face Value, which would be the same as 200 of today's Fiat USD's...
Our Largest 1 ounce "Circulating" Gold Coin will have a $100 Face Value, which would be the same as 10,000 of today's Fiat USD's...
Not many people will be carrying around our Silver or Gold Coins, but carrying only a few $100 Gold Coins wouldn't be too obvious to anyone...
A Couple $100 Gold Coins would represent 20,000 of today's Fiat USD's...
In fact, because of the 100 to 1 Exchange Rate, a person would need to turn in 10,000 Physical Fiat USD's in order to obtain a One Ounce, $100 Gold Coin...
So, don't go thinking you can get a $100 Gold Coin for 100 Fiat USD's...
You could if you have $100 in Common Coinage, so try to keep that in mind the next time you tell someone to "keep the change"...
Feel free to re-blog this post if you want to share it with your friends...
I'm always opened to questions or concerns...
(Electronic Coinage will be as Good as Gold...)Here I do not agree with you, gold is that metal that always supports, even the best shareholders, it is a precious and valuable metal.
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You'll be able to bring your Electronic Coinage to the Bank and pick up an equal "Face Value" amount of Gold Coins...
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I have always knew that in due season, we will be in the era of Electronic Coinage and it will be quite popular
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Electronic Coinage was needed to "make change" or a One Cent Coin...
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Yes, people will always be looking for ways to earn Profits...
I think this line really struck me because that is actually how life is designed to work I must confess
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"Wow, this is some exciting stuff! 🤩 I love how you're exploring new ways for electronic coinage to work in conjunction with our existing U.S. currency. The idea of being able to "make change" and earn profits through selling silver or gold to obtain electronic coinage is genius! 💡
I'm also impressed by the potential benefits of having a 100:1 exchange rate between physical fiat USD's and electronic gold coins. It's definitely food for thought, and I'd love to hear more about how this could work in practice.
Let's keep the conversation going! Have any other Steemians tried out similar ideas? What are your thoughts on the potential impact of electronic coinage on our community?
And as always, don't forget to vote for our witness @xpilar.witness (https://steemitwallet.com/~witnesses) so we can continue to contribute to the growth and success of Steem! 🤝"
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