Honest Money

Bible principle of money and bank honest money Dr. Gary N. Dr. money is about the source of money, the value of money, and the place where it is used. As this is written, we may be better understanding the value and purpose of the currency. Daniel Defoe wrote a novel about a ship sunk by a man and he finally spent 28 years on a desert island. An economist's book is an example of economics. They use it to show that in a world with few things you have to choose a way to achieve your goals and that the value is based on personal feelings, preferences, opinions or influences I will. The idea of ​​existence.

Fiat money is the opposite of honest money. Even if it is not, Fiat 's money is declared worthwhile. Whatever people say, value for money is worthwhile. Gold and silver are often called honest currencies because they are excavated from the ground at a considerable cost and are worth it. People will pay variable amounts for them. Fiat's money is also known as bank notes or electronic money. There is nothing behind the banknote, but the state has the obligation to redeem it with more paper or electronic money, so the ultimate value of the legal currency is doubtful at best. In fact, there are (creation) countries whose history is far from the face value of the printing legal currency. But if one owns it, it is impossible to give up the values ​​of gold and silver - contrary to legal bidding, they have inherent qualities.

The creation of wealth is a good thing, the concentration of this wealth is not necessarily a bad thing. The way to get wealth is important - honest wealth. Bit coins are honest money. There is no need to abuse compulsory, unfair advantage, power abuse, labor in order to lay new wealth for the original bit coin and pioneer of encryption currency. That's why the trust fund baby traded for decades is lying to Bitcoin. They can not accept the fact that the geek owing the initial risk of unknown technology is wealthier now. A man sitting on a sturdy golden throne must be laughing at the idea that geek geeks are wealthier than him.

I believe in honest money, constitutional gold and silver coins, and distribution media that can be converted into such money without loss. I think that this is a constitutional violation that the federal government uses gold or silver coins as legal tender currency or criminal proceedings using non-reimbursable banknotes. I believe that each country has sovereignty to fulfill the function of "constitutional" reservation which will impair our federal system and the autonomous constitutional guarantee.