Friday, January 29, 2021

Greenbacks, Silver Certificates, and Cryptocurrency

01/29/2021: CNBC today talked about DOGECOIN and BITCOIN based on Elon Musk's (TESLA CEO) tweet... because of the tweet, DOGE is up 800% and BITCOIN, by the end of today, will probably be back to $40K per share.

Reddit Mob's Influence

The Reddit Bandits are going to keep doing what they're doing until Regulators try to make it illegal. It's a strong possibility they can't, especially if Bitcoin and other cryptocurrencies continue to rise. 

It's not a mistake that TESLA CEO Elon Musk has #Bitcoin on his Twitter feed. 

"Neighborhood Nip" knew exactly what he was rapping about in, "That's How I Knew" ... 

"You could look a gift-horse in the face and not know what you looking at... I'm just one of the ones that know what I'm looking at... It's an incredible time, it's like a gold rush - there's never been a time like this, this is our gold rush - when everybody moved to California... This new technology [cryptocurrency] has empowered everybody. It's as big as you want to make it, as far as you want to take it...  Giants gon crumble, big companies gon crumble, new companies gon pop up out of nowhere [Robinhood] and it's gonna be dramatic."

Message to Wall Street Fund Managers:

"If you can't beat em', join em" ... 

Good ol' boys are losing control of the money supply. Millennials and Generation Z's, are about to accomplish what Lincoln tried to do in Feb 1862 with the first Legal Tender Act - authorized the issuance of $150 million in debt-free U.S. Notes. In 1865, Lincoln was assassinated for that very reason. Not because he 'freed' the slaves (because he didn't free my ancestors) but because he tried to usurp the power of International Banking Cartels.

A century later, June 4, 1963, Pres John F. Kennedy signed Executive Order 11110. This order was issued for the U. S. Treasury to issue certificates backed by silver bullion, as well as to mint silver dollars that would be considered money [Bitcoin is minted]. These silver  certificates took the form of dollars, and the notes would say that whatever the denomination on the bill was, it would be repaid in silver "to the bearer on demand." If you had $1, it was worth $1 in silver.

To Kennedy's tragic misfortune, his executive order didn't stand the test of time. November of the same year, JFK was assassinated in Dallas.

There is no doubt that the Federal Reserve and International Bankers, played a major role in the assassinations of the 16th and 35th US Presidents.

In 1964, Treasury Secretary C. Douglass Dillon halted the swap of silver certificates for silver dollars. 

On June 24,1968, 5 years after the executive order was announced, swapping dollars for silver coins ended, and America went back to the exclusive, privately owned Federal Reserve system.

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