Gold: $ 1300.00 Silver: $ 15.31 Platinum: $ 913.00 Palladium: $ 1386.00
Dateline: Del Mar, CA: Monday, April 08, 2019
US (Gold and Silver?) Backed Cryptocurrency:
FNB believes it possible, if in-fact not probable, that at some point in the near future, the US just may decide to eradicate cash and stifle its currency competitors and interlopers and launch a new, US government and Federal Reserve observed and managed: crypto that is 100 % backed by gold and silver.
This shift, this monumental rift in the monetary exchange policy of the US Government would have immediate, global and radical implications.
In our last session, FNB examined some probable scaffolding and sequence for how such a shift might begin to manifest. And in so doing, outlined and proposed a: “10 Step Plan.”
FNB now examines the technological component parts that the shift from ‘reserve notes’ to cryptocurrency will demand and require.
Technology and Money Supply Shift:
FNB sees the ‘monetary shift’ coming. Perhaps not at light-speed, perhaps not ‘in the twinkling of an eye’, but certainly a shift–a power shift–in the way money and monetary access occur is heading towards our nation.
There are some critical ‘must have’ component parts that will accompany and support and become the rails upon which this shift in monetary access that simply ‘must’ be constructed and then tested and then broadly implemented.
Let’s take a look at some of the more important and pressing technological features and systems that simply ‘must be constructed’ in order for wide-scale adoption of a gold and silver backed, US based: cryptocurrency. Consider:
Blockchain Technology and Decentralized Tracking: right now, all transactions for US Dollar backed transactions flow through and route through the Federal Reserve System of ‘member banks’. (In days to come we will address how this ‘closed loop’ transactional system works). And how up till the present time, this system pretty much was the single guarantor of all national and global transactions. This ‘centralized tracking’ is now not just coming under scrutiny and question, it borders on being obsolete. When the ‘shift’, the monetary leap from reserve notes to cryptocurrency takes place, all transactions will clear through and route through and find verification through: decentralized blockchains
Smart Devices: cryptocurrency transactions rely not upon United States, nor any other national ‘reserve notes’ to satisfy. Rather. Cryptocurrency transactions work inside of and because of: ‘Smart Devices’. ‘Smart Devices’ render completely unnecessary: Reserve Notes + Change Making + Cash + Central Banks + Large Warehouses to Deposit and Storehouse Funds + Permission to Operate to name but a new. The cryptocurrency world view occurs @ the transactional level. The cryptocurrency world depends upon smart devices that transmit electronic codes and numerical equivalences that satisfy and close transactions
“POS” = “Point of Sale” Secure System: when the US government decides to make the leap and shift away from the debt and reserve note monetary system, it will institute a replacement system based solely upon: “POS” = “Point of Sale” Secure System Devices..” “POV Secure Systems” basically ensure that all parties are operating within accepted limits and rule-bases. “POV Secure System” also, and this is accomplished @ light-speed contain levels of intelligence that basically make ironclad the notion that the transactions–as in all of them that ride on its rails and pass through its electronic tunnels– are 100 % correct + 100 % non-mutable + 100 % non-impedable + 100 % non-penetrable
FNB believes that the US government at some point will migrate the entirety of its monetary system away from the traditional, ‘debt + print’ based model. And that the US government will at some point develop and then implement a gold and silver backed, US based cryptocurrency.
This US based cryptocurrency will be based upon the fundamental principle that government monetary systems and supply sources must be secure, well-managed and capable of producing wealth and stability for its citizens.
FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.
FNB remains diligent and unwavering in the call for common, average American people to seek out the Safe Havens of gold and silver coins, and gold and silver bullion.
FNB, a national precious metals industry leader and reputable gold and silver coin dealer urges investors, bond-holders, speculators and all who manage and/or oversee their family’s financial portfolio begin now migrating larger allocations into the historical safe harbors of: Gold and Silver.
Founder and Owner,
First Nation Bullion
For direct consultation with a gold and silver expert contact FNB: