Convert from fiat paper to Silver
Silver-Based
Currency
- Has
intrinsic value – can be used as a store of value
- Cannot
be destroyed like paper money
- Monetizes
silver
- Silver
content has many other uses (disinfection, etc.)
Currency
Has No Face Value
- True
value of coin determined by people themselves in bartering
exchanges
- Not
pegged to the dollar – if dollar self-destructs, bartering
currency will still live
- Encourages
the pricing of business inventory in ounces of silver, not in
dollars – this monetizes silver
Non-Government
Currency
- Government
cannot control currency – no government interference
- Government
cannot change face value of currency
- Government
cannot inflate currency
- Government
cannot deflate currency
- Government
cannot stop people from using currency
- Is
completely private and voluntary, not forced on the people like
government money
Protects
Against Inflation
- As
dollar inflates (devalues), value of bartering currency increases –
buys the same amount no matter what happens to dollar
Protects
Against Deflation
- Increases
amount of money supply in community

People
Control Every Aspect of Currency
- Value
is determined by people themselves in bartering exchanges
- People
determine amount of currency in circulation – anyone can
strike coins, as many or as little as they want
- Anyone
can freely distribute coins – decentralized distribution
- Any
business can legally and voluntarily accept coins – bartering
is legal – or give them out as change
- Is
completely voluntary – bartering currency cannot be forced
upon anyone
Acts
As A Community Currency
- Can
be used to insulate communities from State-wide, national, or
world-wide effects of deflation or inflation
- Banks
won’t accept it for deposit – they can’t remove
currency from community
- Stays
in local circulation, favoring local businesses
- Encourages
circulation as money – worth more as bartering money than
value of silver content
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