The States still have a right to make coin of silver and gold. But China and the USA has been hoarding that stuff or years, and States quit minting many moons ago. Perhaps the weight of the precious metal will become a basis of barter ::shrug:: who knows? But the transition to electronic money is well underway: over 75% of monetary transactions are done electronically now.
The States still have a right to make coin of silver and gold. But China and the USA has been hoarding that stuff or years, and States quit minting many moons ago. Perhaps the weight of the precious metal will become a basis of barter ::shrug:: who knows? But the transition to electronic money is well underway: over 75% of monetary transactions are done electronically now.
It will affect that which we all still use cash for.
Pretty soon our money is going to be safer in our mattresses...if not already.
HR 1122 is a bill in the House to kill the digital money rollout. The first post I ever made on this forum was a warning about the digital currency and included statements from high ranking Federal Reserve officials who oppose this privacy and freedom destroying action. Bear in mind the fiscal year ends in September, and the new House can just refuse to fund the rollout.
HR 1122 is a bill in the House to kill the digital money rollout. The first post I ever made on this forum was a warning about the digital currency and included statements from high ranking Federal Reserve officials who oppose this privacy and freedom destroying action. Bear in mind the fiscal year ends in September, and the new House can just refuse to fund the rollout.