The Day the Dollar Died.

The Day the Dollar Died

Unless you were around in 1971, you might not recall that President Nixon took the U.S. dollar off the Gold Standard. The most stable form of currencies are the ones that fix their value to some credible value. The dollar shown above is the Silver Certificate reads “One Silver Dollar Payable to the Bearer on Demand.” Since this piece of paper included a promise that it could be redeemed for silver, it was hard to cause inflation as long as silver had a strong value.

Try that with any U.S. dollar now. The U.S. Treasury does no longer redeems the U.S. dollar for silver or gold. Instead, the lawmakers used the language in Article four of the Constitution to create “Fiat Money”. Fiat money is simply considered money because the government said it is considered legal tender for the paying of debts.

When the country left the gold standard, they could not have imagined what would happen thirty years later when some bright people figured that currency was untethered and could represent anything one might imagine. Digital money was now merely a representation on the screen of your banking app. No one asks if there is real money or enough reserves to cover all potential demands. We just accept these digital accounts when we use a bank card or make a deposit. Actually, cash money may disappear in the next few years.

Frankly, some cryptocurrencies have very little value behind them. Someone creates a new coin or token with millions of units and takes it to market with as much fanfare and hype as possible. Dogecoin started out as a meme. Go figure?

TROPTIONS is one of the few tokens that has real value supporting its index value. The index calculates the multitude of actual TROPTIONS exchanges and uses that measurement to establish a value for the token. We can literally dig down into each transaction and see real deals, real exchanges, and sizable trades happening daily. And, we know that there are many businesses that calculate their worth based on their trade revenue as well as the assets that the company owns.

While easily overlooked, TROPTIONS have the potential of explosive growth simply because they represent a quantifiable value. No celebrity hype, sport star endorsements, or media hype campaign drives the price of TROPTIONS, which make this not only a stable resource but one with growth based on actual, trackable commerce.

Find out more by taking our TROPTIONS Training course and obtaining a supply of an asset with a great past and a promising future.

TROPTIONSXCHANGE.COM

#troptionstelevisionnetwork #troptionsuniversity #xtroptionsgold

#troptionsgold #troptionsxchangecom #CryptoCars #cryptocurrency #cryptonews #CryptoCars #bitcoinnews #XUSD #money #finance #edeposit #millionaire #millionairemindset #cashback #credit

--

--

--

TROPTIONS is a proof of use (p2p) (b2b) or (b2C) Token that is used to buy goods and services worldwide.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Carl London

Carl London

TROPTIONS is a proof of use (p2p) (b2b) or (b2C) Token that is used to buy goods and services worldwide.

More from Medium

FOLLOW THESE 5 SIMPLE STEPS TO START INVESTING IN CRYPTOCURRENCY NOW

A picture of coins, usually used to depict cryptocurrency

You Do Not Deserve Crypto

Happy New Year PowerFans!

A Simple Introduction to Cryptocurrency