Wow. Bitcoin has raised 17 million. Are we raising the value of this coin to construct a new treasury or a fund raiser for the national deficit? You're going to want to maintain the collection of funds for this coin for approximately another 50 years before implementing your new currency and if it's a fund raiser to lower the deficit we just past $17 million 20 minutes ago, you didn't even make the interest payment. Think about the National Debt, we accumulated 5 trillion dollars in 5 years or less. A measly 17 million does not put a dent in 20 trillion which might as well be 100 trillion. LMAO! Good luck with that. Just tell the world bank we can't pay, we'll never be able to pay, and file for bankruptcy. Then we can forge a new currency and share the resources of our country with our closest neighbors, and apply those resources to our currency. The other countries willing to share their resource would also share the value of a transferable (between nation) currency. After all, Canada and Mexico are our closest neighbors, we all have vast resource and there's value in that. It's been done in Europe with great effectiveness. We could do the same thing here with a North American Union. You also have to keep in mind the US will be the biggest burden which will devalue the actual face value of our resource. By biggest burden, I mean the nation with the highest debt and a bankruptcy on it's record. Who's to say some of our agricultural friends in South & Central America wouldn't come along to share the resource that they can offer, in effort to bolster the value of the new currency.
Now keep in mind the resource and value of those resources, that partner nations offer to bolster the value of the new currency, will be the only thing that the nations who particpate in my idea will share with one another. Sovereignty must be preserved on all national roles who take part in the new currency. There also needs to be a legal pact, somewhere along the lines of NATO. I think customs is still a necessity along with border patrol. Departments such as Border Patrol & Customs; CPA; EPA are departments who maintain law according to what may or may not pass through the borders. For example, we know that marijuana is illegal here according to federal law. The federal law is in place to protect the citizens from a defective or harmful product. I believe the law should be altered to accommodate marijuana sales in the USA. But everything has its' process.
I think my idea on trading commodities and resource between our hemispherical partners is a better idea than trading imaginary numbers like a bunch of dumb baby-boomers who use imaginary numbers, like they had imaginary friends when they were 5 years old.
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