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<p>[QUOTE=&quot;Drusus, post: 295945, member: 6370&quot;]the sky is falling!!! Liberty Dollars are a joke...They take your money and send you a silver round...thats fine and good...in business to sell silver over melt value...not a problem. The problem is their stated purpose...its to make money but they project themselves as trying to do something noble like trying to get people on a silver standard...</p><p>&nbsp;</p><p>If you buy the paper money, you are a fool...if you buy the silver rounds...at least you have a bit of silver and a novelty coin...otherwise...its a money making venture...</p><p>&nbsp;</p><p>They have a list of a minute amount of people who would take these as payment and urge you to try to get others to accept it...they take silver and put a US dollar price to it pretty much defeating the purpose of going around the US fiat system...and if silver goes up past the denomination?</p><p>&nbsp;</p><p>Well they have a solution to that!! For a small fee you can send back the silver you have and have it reminted....at a small fee of course <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> The worthless novelty bills value will go up!! So you can have a bill no one will accept as payment that is worth its weight in silver <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> </p><p>&nbsp;</p><p>As for the legality of what they are doing...I wouldnt comment...but all they are in reality are sellers of fantasy tokens and bit better than a pyramid scheme.</p><p>&nbsp;</p><p>Dont like the fiat system? It seems the makers of the Liberty Dollar dont have any problem taking your fiat money, that is legal tender in the US, that can be used to buy a new house...in exchange for a silver token that cant <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> If I offer them some of my bad old fiat money for a coin...they will happily take it <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> The liberty dollar is not going to be the solution to fiat money...and they know it...its a business venture plain and simple...its just a company trying to make money playing on sentiments like the one above, no comment on the political ranting...not the place for bashing nations. Its painfully obvious why a business doesnt want to accept pounds and francs and any other currency people happen to have... and only want to deal in one monetary system...and its painfully obvious why the government...ANY government would not want a business minting coins to be used as alternative forms of currency...If a company WANTS to and doesnt mind constantly keeping up to date with the exchange rate each day in case someone wanders in with pounds...I am sure they are free to do so....[/QUOTE]</p><p><br /></p>

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