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ow to stage a currency revolt . . .

Why Monetary Reform?

The case for a Currency Revolt


Two quotes about one problem define the current state of affairs:
It is not what the money is made out of it is who controls the amount of it. Bill Still "Let us control the money of a nation, and we care not who makes its laws" Maxim of the House of Rothschilds The peoples problem is simple in definition but extremely challenging in resolution. 1. The people do not control the money supply 2. The people do not control the officials who do control the amount the money in supply 3. The government represents and is controlled by corporations and banks not the people The people therefore have three viable solutions a) Accept the status quo b) Revolution c) Stage a currency revolt and takeover by forming their own bank that uses existing currency in conjunction with a digital proprietary currency.

a) Accepting the status quo: the Ballot Box


No action needed. When people believe the process is in place to change things. Despite continuing failures people believe they can work within the system. When this methodology fails, however, things continue to break down until there is social unrest and the standard of living degrades. The people either then endure continuing hardships or give and receive violence. Currently, this is the most likely course of action given the populaces predisposition to nonaction, desire to be left alone and belief in the ballot systems viability.

b) Revolution: Bombs, Bullets and Provisional Governments


To achieve a revolution in the modern day three things are needed. 1) The Military & Police support of such an uprising by defection or outright revolt 2) A citizen organization with defined leadership and a plan 3) An outside nation states support whether overtly or covertly Given the logistics, in trenched opposition and casualties involved, this course of action would be the least likely.

c) A currency revolt: non-compliance through banking and barter


The people pool their resources to develop a parallel currency and banking system. This system would be based on node bank technology; meaning it would use coin machines networked together in a closed source intranet. The currency would use an algorithm to control the money supply similar to the bit coin. The digital currency would be used in conjunction with a paper scrip and coinage. The paper scrip is to work similar to casino printed redeemable scrip. The coinage used will initially be selected coins from the domestic currency. However, eventually a proprietary minted coinage version will be developed. To stage a currency revolt the following things are needed. 1) 2) 3) 4) A citizen organization with defined leadership and a plan Access to casino machine / coin machine technology A financial support mechanism be it a website or whatever Domestic coinage adoption as a barter currency option

5) Access to and the ability to alter the bit coin algorithm 6) Installation of a barter methodology 7) A state or nation state banking charter If ballots, bullets and bombs wont work perhaps banking will. This is challenging but essentially the methodology and technology already exists in one form or another. If black markets and banking resistance are not viable options how does one explain organized crime?

What is a node bank?

The Automation of the Banking System

Node Bank Functions


Convert coinage Dispense cash value scrip Dispense store credit scrip Collect Tax Accept Debit Cards Function as a savings and loan Participate in the money supply generation i.e. mining algorithm Function as a direct democracy voting terminal

Node Bank (example)


Scrip

Tax

Scrip n. (skr p)
1. Paper money issued for temporary emergency use. 2. A small scrap of paper, especially with a short list or schedule written on it. Scrip is an American term for any substitute for currency which is not legal tender and is often a form of credit.

Coinage

Debit / Credit

Store Credit

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Why Coinage?

Resistance by Banking & Barter Why Coinage?


States can legally mint coinage Already existing coinage can be used Proven value and durability during societal collapse Not a fiat based money Not a debt based money Lends itself to barter Transportable Compatible with proposed node banking digital currency

Whats the money going to be worth?

The Revaluation Algorithm


Advantage of revaluing the domestic coinage
Already has been minted Readily available & recognizable Returning to a metallic value eliminates fiat distortions The coinages melt value can be used to revalue to its pre-inflationary value

The U.S. dollar has lost approximately 97.8% of its value since the creation of the Federal Reserve. A good place to start with a competing currency would be restoring the value of the previous dollar before the Federal Reserves inflation policy destroyed it. To do this the new currency could be pinned to the current value of the coinages melt value in comparison to the pre inflationary dollars value. In this way we can determine a starting point to revalue the digital currency to its original value. The revaluation algorithm: IF One nickels melt value is currently .06 cents AND Currently one dollar bill is worth only .03 cents when compared to a pre-1913 dollar bill $1.00 value THEN A nickel at .06 melt value is worth approximately $2.00 in modern Federal Reserve Notes. However, approximately 17 nickels when priced at a melt value of .06 would equal $1.02 in melt value or approximately one pre-inflationary dollar. So essentially it takes one nickel to equal two new dollars but 17 nickels to equal one old dollar.

The following chart demonstrates the revaluation algorithm in greater detail

The return of real money


(example of the revaluation algorithm)
IF The U.S. dollar has lost approximately 97.8% of its value since the creation of the Federal Reserve: In 1913--the year of the creation of the Federal Reserve AND IF A post Federal Reserve one dollar bill today is worth approximately .03 cents of a pre-1913 Federal Reserve one dollar bills value. AND IF A one dollar coin has a .07 cents melt value. AND IF A pre-1982 penny has approximately .0265 cent melt value. AND IF A 1946-2011 nickel has approximately .06 cent melt value. THEN 14 one dollars coins or 17 1946-2011 nickels or 37 pre-1982 pennies would equal approximately 1 pre-1913 Federal Reserve one dollar bill.

1oz Gold round @ $1529.00 Equals # of coins @ X melt value 21,842 dollar coins @ .07 cents 57,698 pennies @ .0265 cents 25,483 nickels @ .06 cents

1oz Silver round @ $ 36.00 Equals # of coins @ X melt value 514 dollar coins @ .07 cents 1358 pennies @ .0265 cents 600 nickels @ .06 cents

=
Roughly Equal Melt value .1395 = THREE pennies @ .0265 + .0265 + .0265 + ONE nickel @ .06 Melt value 0.14 = TWO 1 dollar coins @.07 +.07

=
Roughly Equal Value 1.00 = ONE $1.00 bill @ pre-1913 Federal Reserve Value Melt value 0.98 = FOURTEEN $1 dollar coins @(0.07cents x 14 = 0.98)

Unfortunately because of the current economic events and external pressure times have not allowed for this work to be finished good luck & the end perge

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