E-Mail 'Proposing a U.S. Sovereign Cryptocurrency and Free Trade Zone' To A Friend

9 Comments

1. A better idea. Print (well not really it would simply be placed on the books) $20 trillion and buy back all the federal debt and retire it. The $20 trillion would be printed out of thin air with nothing backing it like the approximately $5 trillion that was “printed” during the Obama presidency. In fact most of that money was used to buy up debt and the process is already 20% complete today. Do it in secret on a weekend and voila we are debt free.

2. This is an amazing idea.

   Trump, see this wisdom.

   Let us rebuild the U.S.A., and in your own words ” Make America great again”.

   All repect.

3. No offense James, But that is a ridiculous idea given the state of the Average American who cant even manage to replace a hot water heater without borrowing the money.
   Potlatch owns or owned the entire 1.8 million acres of white pine area clear to the Montana border Thats only one company… so theoretically the whole 4.9mill acres could be owned by a handful of people.. or Just one really rich guy.. in a time when most Americans are already jaded with the idea that 1% of the population owns 90% of the wealth..

   I predict the peasants armed with pitch forks and torches descending on the swift zone. it would have to be encircled with concertina wire and mine fields just to keep the commoners at bay or should we call them ‘subjects’? ..If shear envy of this exclusive club ‘Island’, that was formed in a nation saddled with so much consumer,personal and tax debt didnt get over run by the debt ridden peasants.. The wealthy would be scampering to move every asset they own into this ‘island’ of freedom. Vacant land would be filled with luxury yachts( and a body of water to float them in ), jets and the wealth that is otherwise taxed by Governments.. Fine by me.. But the attitude of the average American towards these elitists-made-more-elite by enjoying a tax free world unattainable by anyone else would cause some serious problems..

4. I’ll stick with what comes from what God has created gold and silver.

5. Hmm, very interesting. Clearly, you’ve put a lot of thought into this. The present system is obviously not working and seems doomed to fail, somethings got to change. Crypto currency is hard to grasp for many people, especially those over 50, but the younger generation understands it and its potential, so this might resonate with them. I don’t see why something like this wouldn’t work, but then, I’m not an economist. Still, very interesting.

6. Why, specifically, Owyhee County of all places?

   1. I chose Owyhee County because it it is remote, very lightly populated, and more than 90% BLM land. It is mostly just sagebrush, so there isn’t much there to get the Enviro-Nazis in a kerfluffle. It also has the advantage of having no building permits required in 99% of the county. And, being in Idaho, it also benefits from Idaho’s favorable home schooling laws, home birth laws, gun laws, a low state income tax, and inexpensive car registration. (The annual fee is $69 OR LESS, whether you are registering an old junker or a Maserati.)

      1. I lived there for many years, and while much of what you say is true, there is a lot of history in that county, and quite a bit of protected real estate that the Enviro’s were quite kerflufferly about not too long ago when the Owyhee Initiative land use agreement was being hammered out. It’s not as empty as it appears and most who live there are fiercly independent; especially the ranchers, some with very deep multigenerational ties. Not saying it can’t be, or shouldn’t be tried, as there will be obstacles anywhere great things are attempted and achieved, but that county as sparsly populated as it may seem, won’t tame too easy.

7. Mr. Rawles,

   With all respect, (to the extent that I understand the security of the blockchain software) your proposal sounds like a logical and secure path to getting the nation free from its “national debt.” I would love to see it happen. But to the extent that I understand the heart of Man, and the Words of Scripture, I doubt that it could ever be executed as you propose.

   If it is true that “the borrower is slave to the lender,” then it seems as likely to be true that an intergenerational cabal of families, who have, since humans had enough to borrow and lend, successfully enslaved every nation that has ever risen to independence, wealth, and power, and have kept those nations in their control, one way or another, would never allow any nation, let alone this troublesome upstart, America, escape their patiently forged, and all but invisible, chains of “debt.”

   Beyond my doubts that the CONgress would ever willingly allow themselves to be shorn of the subordinate “money” power they are allowed to wield, I would specifically mistrust any agency of the present government (The Treasury?) to knowingly create software that could successfully free America (or any other nation) from the clutches of the lenders of valueless “currency,” without leaving some clever “trapdoor” in the software to be exploited later. Those with the knowledge to write and review such coding are few, and not all of them enamored of true Liberty; the rest of us are left to trust and hope.

   While many (most?) of us expect an eventual Heavenly Resolution to the troubles of this World, let us not forget to whom the current temporal governing of the world has been allowed.

Comments are closed.