Large Face Values or Small Face Values...
We the People will be Setting the Standard for the Weights and Face Values of our New Product Lie of Silver and Gold Coins, along with our Platinum and Palladium Coins...
Do you think our Silver and Gold Coins should range from:
From $1 to $100...???
Or...
From $100 to 10,000...???
It makes more sense to me to have our Silver and Gold Coins range from $1 to $100...
They will have the Spending Power that will range from 100 to 10,000 of today's Fiat USD's...
If we pick the $100 to $10,000 Face Values, we'll be able to use Paper Dollars instead of Paper Cents, and use our Common Coinage instead of Decimal Cents...
We could actually do it either way...
We would still be able to issue higher amounts of Electronic Dollars and Cents...
Every time we Mint a $10,000 Gold Coin, we'll be able to issue 10,000 Electronic Dollars...
But could you imagine a $100 Face Value on a 1/10 ounce Silver Coin...???
What I came up with will actually work either way, but I still like the Smaller Face Values on our Silver and Gold Coins...
The Numbers 1 through 100 will be easier for most people, to deal with...
I'd still like your opinion...
Anyway...
Do you think the Activation of our "Electronic Coinage" will Drive the Value of Cryptocurrencies up or down...???
Keep in mind that our Electronic Coinage will be "Stable" and Gold "Coin" backed...
There are plenty of people who have "High Hopes" for the Value of Bitcoin and other Cryptocurrencies to go Up in Value...
I personally, I don't see any of the Cryptocurrencies being a threat to our Electronic Coinage...
I do see our Electronic Coinage being a threat to Cryptocurrencies...
You may feel the opposite of what I feel, and that's a decision you'll have to make on your own...
Sorry, but I just don't want to put my Faith or Trust in "Fluctuating" Monetary Tools...
Our Electronic Coinage will bring Stability to the World...
Prices of items will continue to Fluctuate, due to Supply and Demand, but Electronic Coinage will remain "Stable"...
That's a Big Plus in my Book...
Still, I do like reading what you have to say, so feel free to comment...
"IIf we pick the $100 to $10,000 Face Values, we'll be able to use Paper Dollars instead of Paper Cents, and use our Common Coinage instead of Decimal Cents..."
We will definitely reach there someday
No we won't...lol... We're returning to "God's Money"... It will be 100% backed by Silver, Gold, Platinum and Palladium "Coins"... God's Money will be "Stable"...