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Old 04-01-2005, 07:57 AM  
quant
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Join Date: Mar 2005
Posts: 53
Quote:
Originally Posted by Mike Okitch
When I see a site that has links about "Not counterfeit", I see this as "Not a scam".

And whenever a site tries to sell me on what they are not rather than what they are, it makes me suspicious at best. "Legitimate", "not counterfeit" are words that I have too often seen on chain letters.

A currency with an affiliate program too? Yeah right.
Perhaps you should consider that the person saying "it's not counterfeit money" is a Secret Service agent and the person saying it's legitimate is a spokesperson for the U.S. Treasury Dept. NORFED, a non-profit organization, is political / educational in nature, so naturally they want to convince you of who they are and what they are offering.

If you ever read the Constitution, you might notice this part "No State shall...make any Thing but gold and silver Coin a Tender in Payment of Debts". Technically fiat currency is unconstitutional and so our notes of debt are truly counterfeit (they have no intrinsic value).

I agree that a currency with an affiliate program sounds dubious but their goal is to get people as many people to use it as possible. Competition can be tough from legal cartels (the Federal Reserve is a private company) who hold a monopoly over international finance.

Either way it's cool that you know the liberty dollars are actually backed by silver or gold and thus are owned by the people (individuals are sovereign) and not a debt obligation to the Federal Reserve.

Take a few minutes and watch the Learning Channel special about NORFED and the liberty dollar. http://www.libertydollar.org/tlc/libertydollar.wmv
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