How Gold &Silver Could replace all National currencies in less than two Years

verfasst von Citrus, 09.01.2001, 22:12

http://www.silver-investor.com/Sanders.htm

ENTER THE INTERNET

Volumes have been written about the future of electronic money, but so far only a very few visionaries (James Turk among them) have understood that it
could fundamentally reform the monetary system. Blinded by the prevailing fiat money paradigm, most of those working with electronic money simply
assume that it must be credits for fiat dollars or marks or pounds transmitted safely over the internet. But in the stateless freedom of cyberspace, what
would prevent an entrepreneur from offering a gold or silver backed electronic money? On the Internet there are no legal tender laws to make Greshamís
law work.

I wholly concur with Mr. Salinas-Priceís prescription. Now -- while we still have time before fiat currencies precipitate a world-wide economic
catastrophe ­ now is the time to establish a parallel metallic money that can rebuild a sound, just world monetary system. If gold and silver really are
superior money, they can prove themselves on the Internet. Considering the exponential possibilities, the world wide adoption of metal-backed electronic
currency could be completed within two years. Best of all, the Internet could end-run national legal tender laws and offer free markets the necessary
breathing room to adjust to the new monetary regime.

Mr.Hugo Salinas-Price siehe http://www.plata.com.mx
Mr. James Turk siehe http://www.goldmoney.com/

Gruss

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gesamter Thread:

• How Gold &amp;Silver Could replace all National currencies in less than two Years - Citrus, 09.01.2001, 22:12
  • Re: How Gold &amp;Silver Could replace all National currencies in less than two Years - Diogenes, 10.01.2001, 13:13