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It sounds like the issue is the similitude to US currency, and the possibility that the Liberty currency would be confused by the general public to US currency.
Various communities have issued alternate currency locally and have not run afoul of the federal government. I'm thinking of the communities in western Massachusetts. That the currency is accepted by various businesses, and the local banks will exchange it with US currency at an accepted rate seems to preclude the possibility of confusion on the part of the public.
If they knew this was such a controversial "currency" why did they call so much attention to themselves?
Here is what I think of that:
http://absolutef.files.wordpress.com/2009/04/facepalm.jpg (broken link)
Yeah it's the similarity that is the problem - not the fact that they mint their own coins.
The 1st picture is a US dollar, the 2nd is the "Liberty Dollar" in question.
The back side is wayyyyyyyyy too much alike.
Too easy to confuse with a US dollar.
If they knew this was such a controversial "currency" why did they call so much attention to themselves?
Here is what I think of that:
http://absolutef.files.wordpress.com/2009/04/facepalm.jpg (broken link)
So when owning a gun, protesting or otherwise becomes questionably illegal, you'll say the same thing?
In a way, these liberty dollars are protesting the existence of fiat junk currency.
So when owning a gun, protesting or otherwise becomes questionably illegal, you'll say the same thing?
In a way, these liberty dollars are protesting the existence of fiat junk currency.
They may very well be a form or protest, but their effectiveness as a protest is precluded by the the similarity of their minted coins to US treasury coins. If people don't know they are accepting Liberty dollars, they aren't protesting, they are being duped. The similarity causes confusion, and negatively impacts the integrity of the US monetary system.
They may very well be a form or protest, but their effectiveness as a protest is precluded by the the similarity of their minted coins to US treasury coins. If people don't know they are accepting Liberty dollars, they aren't protesting, they are being duped. The similarity causes confusion, and negatively impacts the integrity of the US monetary system.
Yeah, that's EXACTLY the point. It crossed the line from being a private token to being counterfit US money.
Someone who mistakes liberty dollars for US dollars is too stupid to live.
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