As per my P.C. Theory, we will use the same coinage we use now, but its Purchasing Power will increase 100 Fold by means of an Executive Order...
The Federal Reserve Note Dollars will be removed and replaced with U.S. Coinage, U.S. Trade Dollars and U. S. Crypto Dollars and Cents...
After the Reset, it's not going to be easy to get your hands on U.S. Coinage, U.S. Trade Dollars and U.S. Crypto Dollars and Cents...
If you're a Wage Earner and making 25 Federal Reserve Note Dollars per hour before the Reset, your Wage will be reset to 25 Cents per hour...
If a Loaf of Bread was 3 Federal Reserve Note Dollars before the reset, it will be reset to 3 physical U.S. Cents or 3 U.S. Crypto Cents...
If you're using U.S. Trade Dollars, your change will be returned in either Physical U.S. Coinage or U.S. Crypto-Cents and/or Fractions of a Crypto-Cent...
It will cost you One Hundred Federal Reserve Note Dollars to Obtain One U.S. Trade Dollar or One U.S. Crypto Dollar...
If you have $10,000 in the Bank when the Switch is Flipped, you'll be able to Obtain One Hundred U.S. Crypto Dollars...
It's going to cause you 10,000 Federal Reserve Note Dollars, to Obtain 100 U.S. Crypto Dollars...
There will also be U.S. Crypto Cents all the way down to 100th of a Crypto-Cent...
One Crypto Cent will Cost you One Federal Reserve Note Dollar "Bill"...
As per my Pocket Change Theory: If you happen to be holding Physical U.S. Coinage, you're in Luck...
If you have 20 Nickels, you can also obtain One U.S. Crypto Dollar...
If you happen to have 99 Cents in Physical U.S. Coinage, you'll be able to obtain 99 U.S. Crypto Cents...
So, in my opinion, I think it may be wise to be holding some Physical U.S. Coinage before the Reset...
A One U.S. Dollar Coin or any Combination of U.S. Coinage, totaling 100 Cents, will get you One U.S. Crypto Dollar...
Feel free to leave a comment...
Question @pocketechange, as a US Expat living overseas, I have no access to US coinage, so in my circumstance, what would be the best way to protect myself per your theory?
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Silver and Gold are under-valued... In my opinion, U.S. Gold and Silver Eagles are top of the line U.S. Coinage and shouldn't be too hard to get your hands on... If I was over-seas and couldn't get my hands on U.S. Gold and Silver Eagles or Common U.S. Coinage; I'd try to get my hands on any old Gold and Silver Bullion to help protect my wealth... I may not be a big winner, but I'm sure I wouldn't be a big loser holding onto Bullon either... I have Gold and Silver besides plenty of other items of Value... I try to avoid Paper Promises... I like Physical Items of Value... I like holding onto things that everyone needs...
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Thanks for your opinion, similar lines of reasoning for my particular situation.
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After giving it more thought, the best Bang for your Buck outside of the United States, would be the $100 Gold and the $100 Platinum U.S. Bullion Coins... Each one would be similar to holding $10,000 in Federal Reserve Notes...
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Better yet - and I speak from heavy experience these past 4 years - purchase yourself Australian Silver Kookaburra's. Out of all the bullion I purchased those are the ones (for whatever reason) that appreciated the most in value by far. In fact, they are the only ones that appreciated. I own 47 (BU) Canadian silver dollars and expected the greatest return from this 'junk' silver investment - whelp; it has DE-preciated nearly one hundred fiat dollars from what I paid. Sadly, I will be selling those back to APMEX next at a $100 loss.
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I went to bed thinking about Rolling Thunders question, and came up with a much better answer for those people living outside of the United States... I over-looked the $100 Gold and $100 Platinum U.S. Bullion Coins... Each will have the Purchasing Power of 10,000 Federal Reserve Note Dollars, after the Reset...
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Thank you for your continued support of SteemSilverGold
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I do, I do hehehe ...
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