All backed by silver and gold, of course.
I'll give you a 100 pauls for that jacket, and 50 pauls for those shoes.
And I'll give you a 1,000 pauls if you can come up with a good idea of how to use the internet and the CFL to get it started!
It's all about ideas folks, at one time currency was only an idea!
  |
|
★
The Daily Paul is a community website with no official affiliation with Ron Paul or his Presidential Committee. The content of posts and comments on the Daily Paul represent the opinions of the original poster, and are not endorsed, approved, or otherwise representative of the opinions of the Daily Paul, its owner, site moderators or Ron Paul. This site may contain adult language and adult concepts. If you are offended by such content, or feel you may be offended by such content, point your browser to a different site IMMEDIATELY. For more, read the Full Disclaimer
© 2007 - 2011 by The Daily Paul. Not paid for by, nor officially affiliated in any way with Ron Paul. | General Site Disclaimer | DMCA Disclaimer | Advertise here
It already exists, or at
It already exists, or at least did. See what happened to Bernard von NotHaus and the liberty dollar:
http://www.libertydollar.org/news-stories/pdfs/1267277551.pdf
Proving the adage that the difference between being right and proving that you are right is called "legal expenses".
A request to help their legal defense fund is here:
http://www.libertydollar.org/ld/legal/ldf.htm
In a related item, you might also find "bitcoin" of interest. See Wiki entry here:
http://en.wikipedia.org/wiki/Bitcoin
And home page here:
http://www.bitcoin.org/
Note: This is not an endorsement of bitcoin, in fact I know very little about it including not knowing whether it is even viable.
Regards,
Eric
There are four boxes to be used in defense of liberty: soap, ballot, jury, and ammo. Please use in that order.
— Ed Howdershelt
Why do we need a currency at all?
Why not just use silver and gold directly? Why 100 pauls, why not 1 gold milligram? It's already possible to do it right now. There are already ways right now to do online transactions in gold and silver. It would be straightforward to extend this to debit cards, checks, etc...
As far as I know, there is nothing stopping people from doing this already--except finding merchants who will accept it.
Please do enlighten us on some details
I was just using RP's name because so many associate him with sound currency, it would help the idea catch on.