New Currency...

 

 

   New Currency - By M7C 2023.

MC 2023.

Paper Debt

© M7C 2023

Paper Money is Credit.  If you pay using USA Dollars you are borrowing USA Govt. Property to pay for things.   This is why they can place taxes on USA Dollar purchases (the owner/conqueror of USA actually owns it) because Dollars as Credit is not hard currency.  If you use Credit Cards and pay with Dollars the Credit Card debt, this replaces the debt with Paper Credit, which is borrowed by the USA Govt.  If you pay with hard currency (precious Metals, Oil, Commodities, etc.) the debt is resolved.  The National Debt is the result of using Paper Credit/Dollars.

My new Barterable Currency works by declaring the value of the debt by the Bearer, so it is equal to any Paper Credit System; the declared value is below the number with the 20+ Zeros (Maximum allowed by International Law).  One needs only carry it and it is reusable.  Digital Currency is also portable.  No need to carry bills which are Credit in paper form; Credit is the ability of substitution and promise to pay later (so-called Promissory Notes).   The Note has no value in itself until the value is declared by the Bearer.  So there is no need to worry about thefts.  Barterable Currency is issued by Pharaoh M7.   The Quick Response Code can substitute for a banking address if necessary (the prototype is my book URL). 

© M7C 2023