Comment: Sure.

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In reply to comment: would it be possible to end the fed (see in situ)

Sure.

Any time you start using one currency over another, you weaken the other. You already see other countries eschewing the dollar in favor of something else (often gold!).

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417