Sliver Certificates, Fiat Currency, New Crypto Currency & the Search for Real Value

Dollar, Crypto, Gold what’s anything worth??????

We all know things cost less back in the day. It’s an established fact. A coca cola was 5 cents in 1950…but was it?

A silver certificate dollar bill is representative of United States money history. The silver certificate dollar no longer carries any monetary value as an exchange of silver. The history of the silver certificate traces itself back to the mid 1800’s. The silver certificate was a circulation paper that permitted exchange for one ounce of silver (.999 purity). The process of issuing silver certificates began in 1878. The process of issuing certificates terminated in 1963. In March of 1964 Secretary of Treasury Dillon stopped issuance of coins containing silver. A four year exchange period existed to exchange silver dollar certificates for silver after 1963. In 1968 the exchange officially stopped.

To put this in prospective a single dollar bill exchanged for 1:20.04 in January 2014 (roughly five years ago). Today the exchange value of the 2019 fiat currency dollar is 1:14.55 (Effective 5/23/2019 NY Close).

What this means is the dollar you carry in your pocket is worth 6.6% of a dollar in 1968.

The devaluation means monetary policy adopted by past regulators in US government has taken $0.934 of our society’s dollar value. This is like having $100 in your bank account and someone taking $93.40 from it.

So let’s do simple math.

The minimum federal wage was $7.25 in 2009.

The minimum federal wage was $1.60 in 1968.

If today’s dollar is worth 6.6% of 1968 all we have to do is multiply .066 to $7.25 to see what we get. What’s the result?

The federal minimum wage passed in 2009 is equivalent to $0.483 in 1968. Employers are getting away with paying you 1/3 of what they paid a worker in 1968 while cost of living is rising. The government has failed to provide you protection for fair wage.

It’s time for you to wake up. People stop accepting poverty pay.

This is the product of fiat currency. Fiat currency takes advantage of financial illiteracy. People who think they are smarter than you pay you higher numbers. So you say, “I make more”. If someone gives you more rock instead of less diamond is that more?

Cryptocurrency is the start of awakening for individuals who want tangible money. While I debate Cryptocurrency value, I do not debate we should change medium of exchange. Money with no intrinsic value only has belief value. If people stop believing the value of money drops. This is why Cryptocurrency without any intrinsic value is destined to find the same path as our current fiat money. Unless assets are added to Bitcoin, LiteCoin, et cetera these coins will become worthless at some point. The only millionaires will be the ones that took advantage of market sentiment to drive false value through open market bidding.

Table Salt and Pepper once had more value than gold. Anything people want they pay for. Don’t mistake opportunities to earn money for wealth. This is a fatal mistake by many bankrupt millionaires.

Remember the coca cola analogy of $0.05? If you multiply it by 15.5 you get $0.775 per coca cola. So people paid the equivalent of about three quarters in the 1950’s for the same soda pop you drink. I see soda pops for $0.99 a lot. That means there’s about a 27% increase on the price in the last fifty years. The only issue is your wages are at about 33% of your grandparents’ earnings.

I’m not an expert mathematician but increasing the cost of a soda by 27% and paying about 33% of old wage standards sounds like recipe for poverty. Take the time to find real value. Find real opportunities to preserve wealth. Sign up for finding opportunities by following me here or going to sign up for my free quarterly newsletter.

To your knowledge success!


About Christopher: Christopher Knight Lopez is a Professional Entrepreneur. Christopher has opened over 7 businesses in his 14-year career. Christopher’s purpose is to take advantage of various market-driven opportunities. Christopher is a certified Master Project Manager (MPM) and Accredited Financial Analyst (AFA). Christopher previously held his Series 65 securities license. Christopher also has his General Lines — Life, Accident, Health & HMO. Christopher has managed a combined 286mm USD in reported Assets Under Management & Assets Under Advisement. Christopher has work experience in 29 countries, raised over 50mm USD for various businesses, and grossed over 7.5mm in his personal career. Christopher worked in the highly technical industries of: biotechnology, finance, securities, manufacturing, real estate, and residential mortgages. Christopher is a United States Air Force Veteran. Christopher has a passion for family, competitive sports, fishing, martial arts and advocacy for entrepreneurs. Christopher provides self-help classes for up-and-coming entrepreneurs. Christopher’s passion to mentor comes from belief that entrepreneurs need guidance. The world is full of conflicting information about entrepreneur identity. See more at



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Chris Lopez

Chris Lopez


Professional Hustler turned International Best Selling Author of “I Made it Then I Didn’t”. I write Truths today to combat yesterday’s falsehoods.