Visa Files Patent For Blockchain Digital Fiat Currency
Gesara.news » News » Visa Files Patent For Blockchain Digital Fiat CurrencyNews Date: May 15, 2020
Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem.
The filing is for a fiat-linked cryptocurrency system using a private distributed ledger technology (DLT).
A Wed. 24 June afternoon Trump tweet "Gold is the Standard" was an announcement of the new Gold Standard through the GCR/RV final roll-out underway right now.
The gold standard isn't perfect. No system is. But it has many virtues. A strong case can be made that it's the best of all feasible institutional alternatives. Lawrence White, puts it: The gold standard is still the gold standard among monetary systems.
Silver Is Great!
Transition Being Prepared.
Good Guys Are In Control Of The Fed.
Fiat currency has lost it's value over time by design.! End the FED!
The Dollar Is Not Just Going Down; It's Going To Crash.
The gold standard of the nineteenth century and is easily explained: within a confined money total such as that of monetary gold, an increase in the quantity of goods and services taking place can only be accommodated by a decline in the general level of prices. Put another way, the purchasing power of sound money, a money whose quantity is not inflated, always rises over time.