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<p>[QUOTE=&quot;Numbers, post: 473191, member: 11668&quot;]The problem with the Liberty Dollars was that (a) they were coins, which fall under a different and more restrictive section of the law than paper; and (b) there were many cases in which the individual spending them apparently claimed or implied that they were U.S. currency--and the design of the Liberty Dollars seemed to encourage this, despite the issuers&#039; strenuous claims to the contrary.</p><p><br /></p><p>Local currencies are used in several cities in the U.S.; as someone has already pointed out, they&#039;re legally no different from gift certificates.&nbsp; As long as they look different enough from U.S. currency that nobody could reasonably confuse the two, the Treasury has no objection to them.</p><p><br /></p><p>Yes, it would be unconstitutional for a state government to issue such notes, but there&#039;s no law prohibiting a private coalition of businesses from doing so.[/QUOTE]</p><p><br /></p>

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