I thought this was an interesting concept, but unsure as to how well it would work, given the current state of US money at the moment. Please discuss, I'd like to learn more about this from reading your thoughts.Technocrat.net article wrote:The organization NORFED has produced precious metals medallions and precious metals backed certificates known as "Liberty Dollars" used in barter and for collection purposes for several years now, and so far, completely legally and with no interference from the government, not much different from the other private mints who issue various commeratives that you might have seen, except for their backed certificates. On the contrary, in the past they have inquired of various governmental agencies and have always received the "all clear", and have operated completely in the open and above board. On September 14th the US Mint issued an advisory that this was now illegal. The Liberty Dollar/Norfed folks have replied to that allegation in a press release here and say what they are doing was legal and continues to be legal as they make it clear that their medallions and certificates are not "legal tender" in a strict legal sense as it is defined.
Liberty Dollar?
Moderator: Alyrium Denryle
Liberty Dollar?
(Original source: www.technocrat.net, Liberty Dollar website libertydollar.org)
Re: Liberty Dollar?
The only problem I could see is that not many places are aware of the Liberty note, and even fewer cashiers
I dare someone to get a liberty dollar and try to use it to pay for groceries
Given rare number of hypothetical merchants who'd hypothetically accept this currency, it's no different than a Disney Dollar...
..just don't try passing off a Liberty at Disneyland
Another thing is, how long will it be before the conspiracy nuts claim this as a move by the 'evil corporations' to take over the government, perhaps we should take bets in Liberty Dollars
I dare someone to get a liberty dollar and try to use it to pay for groceries
Given rare number of hypothetical merchants who'd hypothetically accept this currency, it's no different than a Disney Dollar...
..just don't try passing off a Liberty at Disneyland
Another thing is, how long will it be before the conspiracy nuts claim this as a move by the 'evil corporations' to take over the government, perhaps we should take bets in Liberty Dollars
-
Invictus ChiKen
- Jedi Council Member
- Posts: 1645
- Joined: 2004-12-27 01:22am
-
ThatGuyFromThatPlace
- Jedi Knight
- Posts: 691
- Joined: 2006-08-21 12:52am
making your own currency has always been legal, you just have to get people to accept it.
[img=right]http://www.geocities.com/jamealbeluvien/revolution.jpg[/img]"Nothing here is what it seems. You are not the plucky hero, the Alliance is not an evil empire, and this is not the grand arena."
- The Operative, Serenity
"Everything they've ever "known" has been proven to be wrong. A thousand years ago everybody knew as a fact, that the earth was the center of the universe. Five hundred years ago, they knew it was flat. Fifteen minutes ago, you knew we humans were alone on it. Imagine what you'll know tomorrow."
-Agent Kay, Men In Black
- The Operative, Serenity
"Everything they've ever "known" has been proven to be wrong. A thousand years ago everybody knew as a fact, that the earth was the center of the universe. Five hundred years ago, they knew it was flat. Fifteen minutes ago, you knew we humans were alone on it. Imagine what you'll know tomorrow."
-Agent Kay, Men In Black
Some economist in southern Italy did it for a while a couple years back. He offered to exchange lira (I don't think the euro was in circulation yet) for his currency at a discout to encourage its use. He went bankrupt funding the discount and the currency went out of circulation.ThatGuyFromThatPlace wrote:making your own currency has always been legal, you just have to get people to accept it.
"Typical Canadian wimpiness. That's why you have the snowball and we have the H-bomb." Grandpa Simpson
Giacinto Auriti. The currency was called SIMEC. And he was stopped by the Guardia di Finanza. And he was a conspiracy nut and a neofascist, too.acesand8s wrote:Some economist in southern Italy did it for a while a couple years back. He offered to exchange lira (I don't think the euro was in circulation yet) for his currency at a discout to encourage its use. He went bankrupt funding the discount and the currency went out of circulation.ThatGuyFromThatPlace wrote:making your own currency has always been legal, you just have to get people to accept it.