Five Stars Euro electronic currency introduced in Italy

Five Stars Euro electronic currency introduced in Italy
By "The Money Doctor", October 8, 2016

Facebook page of Moneta Nostra:  https://www.facebook.com/MonetaNostra/

Italian version here:
http://seigneuriage.blogspot.it/2016/09/proposta-ai-5-stelle-un-euro-5-stelle.html


In Italy we discovered that there's no need to get out of the Euro or Europe, just manage yourself like the bankers do.

Anyone can "create" electronic money but not "emit it against existing funds",  this last activity being authorized only to banks and financial intermediaries. Banks and other authorized, enrolled in a special register with the Bank of Italy, may only "issue" electronic money against existing funds.
The banks of the ESCB and the ECB can "create" only Euro banknotes and limit the minting of Euro coins that is done by the strangled Eurosystem member states.

Here below is a draft standard payment method to adopt:
(The below standard procedure applies to any and all payments)
----------------------------------------
Rome, October 8, 2016

(You should only add tax codes for the names of the subjects. The same tax code is the personal account identification number)

Dear Mr. / Ms  xxxxxxxx

I received your letter where you charged 20 EURO,
(Or: I decided to donate to you 20 Euros)

1 - Taking into account that the Court of Bolzano, with the 7.6.16 Ordinance states: "As, however, a breach of Article 127 (ex Article 105) of the European Union's founding treaty, it is not clear to whom Therefore, the creation of money through the banking system may violate that provision, which has nothing to that effect, as it is absolutely irrelevant the reference to article 10 banking Act, which does not prohibit such a system, given that the euro is still a coin unrepresentative , so it is not required a value for each printed ticket as the era of the gold standard ... ". and - for the principle of equality and reciprocity - everyone, not just the banks, can create fiat electronic money denominated in euro, because no one is forbidden to do so (the simple 'issue against existing funds' is instead regulated and restricted to entities fulfilling legal requirements);

2 - Given that the Committee of National Liberation decided to put into practice this possibility by giving to every citizen the right to create electronic euro- 5-stars (EURO5S) which differs from the electronic banking Euro in the fact that correct accounting of creation for the first must be compulsorily and maintains stability;

3 - Given that debts must be paid immediately in order to maintain the solvency and liquidity of the market;

4 - I hereby create 20 Euros that I send as electronic attachments inviting you to account for them properly and immediately, in full and final settlement of my outstanding debt, providing myself to account properly for the creation;

5 - that you are not required to respond to this as the electronic receipt of delivery applies to as receipt of payment in full.

CAVEAT: If payment is not accepted, the debt will be considered extinct anyway because, as you know, it is not allowed to refuse the Euro as a means for settlement of final payment.

Best regards,

Signature: XXXXXXXX

Total: 20 Electronic EURO5S, attached below
€€€€€ €€€€€ €€€€€ €€€€€

*********************** 

Inspired by Nathan Mayer Rothschild (1777-1836), as portrayed in "The Rothschilds: A Family Portrait", by Frederic Morton, 1961:
https://books.google.it/books?id=uwTjBAAAQBAJ&pg=PT72&dq=From+then+on+the+bank+of+england+would+be+pleased+to+cash+any+rothschild+chek+nathan&hl=it&sa=X&ved=0ahUKEwjn44qH9srPAhVBWhoKHdUqDO4Q6AEIMDAC#v=onepage&q=From%20then%20on%20the%20bank%20of%20england%20would%20be%20pleased%20to%20cash%20any%20rothschild%20chek%20nathan&f=false
 

"When Nathan did make a fuss, the Bank of England trembled. He once presented for payment there a draft he had received from his brother Amschel. The bank returned it on the ground that it cashed only its own notes., not those of private individuals. "Rothschild are not private individuals!" the banker thundered. His revenge is legendary. He appeared in Threadneedle Street nex morning and asked that ten-pound note be exchanged for gold. An astonished teller complied. Nathan repeated the request all morning, all day long; and so did nine clerks of his, with nine other equally swollen purses at nine other windows. In one day he reduced the bank's gold reserves by almost 100,000 pounds.
At the opening hour of the next day the stout, relentless man was back again with his note-laden clerks. A bank executive appeared and asked, with a nervous laugh, how long this jest was to be kept up ?
"Rothschild will continue to doubt the Bank of England's notes," said Nathan, "as long as the Bank of England doubts the Rothschild notes."
At Threadneedle Street a directors' meeting was hastily convoked. It declared that henceforth the bank would be pleased to cash any check of the five brothers."