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Author Topic: Liberty Dollar Found GUILTY  (Read 12590 times)

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LTKoblinsky

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Re: Liberty Dollar Found GUILTY
« Reply #30 on: December 13, 2012, 11:37:58 AM »

Isnt $ a generic symbol for money, where the double strike-through denotes U.S. currency?
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dalebert

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Re: Liberty Dollar Found GUILTY
« Reply #31 on: December 13, 2012, 01:19:01 PM »

Why would Liberty Dollar put "USA" on their coins?

dalebert

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Re: Liberty Dollar Found GUILTY
« Reply #32 on: December 13, 2012, 05:36:07 PM »

You can't call it money. You can't even call it a coin. You can buy, sell, and trade "rounds" of silver and lots of people do. It's when you try to pass it off as an official currency that you have a problem. Liberty Dollar had a marketing plan that involved convincing a lot of ignorant people that it was an official currency. The markup on it was obscene. Libertarians were into it for making a statement about alternate currencies but most people are not going to value a silver round at the face value of a liberty dollar unless you convince them that "suggested retail value" is somehow an official thing and that people are required to accept it like they are U.S. currency.

anarchir

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Re: Liberty Dollar Found GUILTY
« Reply #33 on: January 09, 2013, 10:51:45 PM »

Dale is absolutely right. In the U.S. a "coin" is government money. Round is a shape, could be metallic.

Kind of like how head shops dont like the word "bong" but "water pipe" is just fine.
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