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bitcoins17 / FrogFrens17
npub1260…knv8
2023-06-20 01:38:16

bitcoins17 on Nostr: Take time to understand this 1900: Congress passes Gold Standard Act, and the ...

Take time to understand this
1900: Congress passes Gold Standard Act, and the Treasury is created for the redemption of Greenbacks and Treasury Notes (which could be issued in exchange for gold).

1933: FDR passes Executive Order 6102, and holding Gold becomes a felony. To do so, FDR identifies an obscure passage (…using encoded logic) in the ‘Trading With the Enemy Act of World War I’ that gives him the authority to nationalize the gold under the NATIONAL EMERGENCY ACT.

1934: Congress passes the Gold Reserve Act, authorizing President to declare (…using encoded logic) new gold content. This devalued the dollar 41% at new gold weight.

Other notables 1933:
1. FDIC created
2. Amendment to Trading With the Enemy Act is allowed (…using encoded logic) even in times of Peace.

Summation: With the BlackRock, Fidelity News in the air, EO6102 is definitely in play for Bitcoin.



Author Public Key
npub12602g3mh6tqzc9crutltwepacuaz79rcduudnd46qtdezwssec9su3knv8