Difference between revisions of "Alternative currency/US"
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(Created page with "category:US ==About== ===Related=== * US/money/history ** wikipedia:National Bank Act of 1863-4 ===List of currencies=== ''this is only a partial list; there are man...") |
(blog post about the Liberty Dollar arrest -- apparently there were others) |
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[[category:US]] | [[category:US]] | ||
==About== | ==About== | ||
+ | {{seed}} | ||
+ | ===Conclusions=== | ||
+ | While [[complementary currency|complementary]] and [[local currency|local]] currencies seem to be tolerated by the US federal government, any currency which goes outside of those two overlapping boxes risks harsh penalties. | ||
+ | |||
+ | The successful [[Liberty Dollar]] project is the most obvious example of this, though it is arguable that they might not have gotten into trouble if they had not issued coinage (in violation of [http://www.law.cornell.edu/uscode/18/486.html USC 18 §486]). | ||
===Related=== | ===Related=== | ||
* [[US/money/history]] | * [[US/money/history]] | ||
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* [[Liberty Dollar]] ({{wikipedia|Liberty Dollar}}): shut down by Federal government on an absurd charge of counterfeiting and possible violation of a US statute ([http://www.law.cornell.edu/uscode/18/486.html USC 18 §486]) prohibiting alternative coinage | * [[Liberty Dollar]] ({{wikipedia|Liberty Dollar}}): shut down by Federal government on an absurd charge of counterfeiting and possible violation of a US statute ([http://www.law.cornell.edu/uscode/18/486.html USC 18 §486]) prohibiting alternative coinage | ||
* [[NCPlenty]] ([http://www.ncplenty.org/ web]): [[local currency]] in [[North Carolina]]; no apparent activity since 2006 | * [[NCPlenty]] ([http://www.ncplenty.org/ web]): [[local currency]] in [[North Carolina]]; no apparent activity since 2006 | ||
+ | * [[Phoenix Dollar]] ([http://replay.waybackmachine.org/20061102070650/https://www.phoenixdollar.com/ archive.org, 2006]): appears to be [http://www.dgcmagazine.com/blog/index.php/2008/08/11/phoenix-dollar-is-now-closed/ defunct]; metal-backed. Possibly a scam. | ||
+ | ** '''2007-07-08''' [http://everyjoe.com/work/interview-with-gordon-hayes-creator-of-phoenix-dollar-pt-1-of-2-162/ Interview With Gordon Hayes Creator Of Phoenix Dollar Pt. 1 of 2] | ||
+ | ==Links== | ||
+ | ===To File=== | ||
+ | [[category:to do/links]] | ||
+ | * '''2011-03-22''' [http://globalguerrillas.typepad.com/globalguerrillas/2011/03/journal-alternative-currencies.html JOURNAL: Alternative Currencies] by John Robb (founder of the [[htyp:Metacurrency Project|Metacurrency Project]]) | ||
+ | ** note especially [http://globalguerrillas.typepad.com/globalguerrillas/2011/03/journal-alternative-currencies.html#comment-6a00d83451576d69e2014e86f05671970d g48's comments] on what the IRS reportedly told the founders of [[Ithaca Hours]] | ||
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