My fellow Cypherpunks, The Liberty Dollar My fellow Cypherpunks, I think I may have some really great news here, but you all can check it out to be sure. I found an alternative money on the Internet. It is called the Liberty Dollar. The Internet site is: http://www.norfed.org NORFED is The National Organization for the Repeal of the Federal Reserve Act and the Internal Revenue Code. The money is backed by silver and gold and can be redeemed widely in America. As many of you know, the $US is a corrupt, proprietary, debt issued, fait, fractional reserved,illegal, unconstituional, U. S. State enforced monopoly currency. As corrupt as it is I don't know why it hasn't already collasped and dragged us down with it! If the Liberty Dollar is honest and robust, then it may be the vehical to beat the elite bankers tyranny and give us an honest wealth produced money. Yours Truly, Gary Jeffers BEAT STATE !!!!
Steve Schear wrote:
At 03:52 PM 8/29/2002 -0500, Gary Jeffers wrote:
The money is backed by silver and gold and can be redeemed widely in America.
True but only fractionally (i.e., the precious metal content is only a fraction of the face value).
And this is different from the US dollar how? Cheers, Ben. -- http://www.apache-ssl.org/ben.html http://www.thebunker.net/ Available for contract work. "There is no limit to what a man can do or how far he can go if he doesn't mind who gets the credit." - Robert Woodruff
At 03:18 PM 8/30/2002 +0100, you wrote:
Steve Schear wrote:
At 03:52 PM 8/29/2002 -0500, Gary Jeffers wrote:
The money is backed by silver and gold and can be redeemed widely in America.
True but only fractionally (i.e., the precious metal content is only a fraction of the face value).
And this is different from the US dollar how?
No difference except I think I know the risks involved with the current crime syndicate ;-) steve
Gecko/20020815 Ben Laurie wrote:
At 03:18 PM 8/30/2002 +0100, you wrote:
Steve Schear wrote:
At 03:52 PM 8/29/2002 -0500, Gary Jeffers wrote:
The money is backed by silver and gold and can be redeemed widely in America.
True but only fractionally (i.e., the precious metal content is only a fraction of the face value).
And this is different from the US dollar how?
The Liberty Dollar is (at least) partially precious metal backed and is not fiat money. In fact, it may be considered fully backed! If you accept the standard deal offered by NORFED then the $US-Libery Dollar exchange does not go well for you :-) Negotiate! Actually, since the silver redeemability is fixed, then I think that we must consider the Liberty FULLY backed and not fiat. It merely appears only partially backed since the initial $ exchange offering could be better :-) -And I bet we can get better terms. Also, it is NOT DEBT ISSUED! (DOOM ISSUED!) It does not enrich a ruling elite. In fact, it subverts their trechery. It is also a choice. It is not forced on us by legal tender laws. Ben Laurie wrote:
no difference except I think I know the risks involved with the current crime syndicate ;-)
steve
See my above text.
Gecko/20020815 Ben Laurie wrote:
At 03:18 PM 8/30/2002 +0100, you wrote:
Steve Schear wrote:
At 03:52 PM 8/29/2002 -0500, Gary Jeffers wrote:
The money is backed by silver and gold and can be redeemed widely in America.
True but only fractionally (i.e., the precious metal content is only a fraction of the face value).
And this is different from the US dollar how?
The Liberty Dollar is (at least) partially precious metal backed and is not fiat money. In fact, it may be considered fully backed! If you accept the standard deal offered by NORFED then the $US-Libery Dollar exchange does not go well for you :-) Negotiate! Actually, since the silver redeemability is fixed, then I think that we must consider the Liberty FULLY backed and not fiat. It merely appears only partially backed since the initial $ exchange offering could be better :-) -And I bet we can get better terms. Also, it is NOT DEBT ISSUED! (DOOM ISSUED!) It does not enrich a ruling elite. In fact, it subverts their trechery. It is also a choice. It is not forced on us by legal tender laws. Ben Laurie wrote:
no difference except I think I know the risks involved with the current crime syndicate ;-)
steve
See my above text.
participants (3)
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Ben Laurie -
Gary Jeffers -
Steve Schear