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<p>[QUOTE="SanMiguel, post: 231725, member: 3379"]These are clearly labelled "Negotiable", and the back clearly says "Warehouse Receipt". I don't think anybody would be fooled into believing this was MPC. You can't spend MPC anywhere anyway.</p><p><br /></p><p><img src="http://images12.fotki.com/v197/photos/2/255739/2397967/lib10-vi.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I think Liberty Dollars is an experiment to prove a currency backed by precious metals can work. They aren't trying to replace u.s. dollars or put the mint/BEP out of a job. They're trying to raise awareness for their political aim of ending the Federal Reserve Act, which ended our currency being based on silver and established a strictly fiat-based system. I don't think they'll succeed in successfully changing the government's mind, (the bep/mint makes too much profit to back out now), but I don't think returning the dollar to silver is such a bad idea for everyday consumers. People label NORFED as anti-government, but I disagree. Plenty of people would like to see a return to a backed currency.</p><p><br /></p><p>edited to add: <a href="http://www.youtube.com/watch?v=1w0LOtWmy_o" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.youtube.com/watch?v=1w0LOtWmy_o" rel="nofollow">http://www.youtube.com/watch?v=1w0LOtWmy_o</a>[/QUOTE]</p><p><br /></p>
[QUOTE="SanMiguel, post: 231725, member: 3379"]These are clearly labelled "Negotiable", and the back clearly says "Warehouse Receipt". I don't think anybody would be fooled into believing this was MPC. You can't spend MPC anywhere anyway. [IMG]http://images12.fotki.com/v197/photos/2/255739/2397967/lib10-vi.jpg[/IMG] I think Liberty Dollars is an experiment to prove a currency backed by precious metals can work. They aren't trying to replace u.s. dollars or put the mint/BEP out of a job. They're trying to raise awareness for their political aim of ending the Federal Reserve Act, which ended our currency being based on silver and established a strictly fiat-based system. I don't think they'll succeed in successfully changing the government's mind, (the bep/mint makes too much profit to back out now), but I don't think returning the dollar to silver is such a bad idea for everyday consumers. People label NORFED as anti-government, but I disagree. Plenty of people would like to see a return to a backed currency. edited to add: [URL="http://www.youtube.com/watch?v=1w0LOtWmy_o"]http://www.youtube.com/watch?v=1w0LOtWmy_o[/URL][/QUOTE]
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