I don’t think anyone is going to confuse gold and silver coins with his phone number on them as government coins.
BTW, if the coins are real gold and silver how could they possibly be considered counterfeit?
The joke is on Bernard von NotHaus,
in the last few weeks the spread between government silver coinage and private label silver coinage has all but disappeared for the first time since the French tried to return to the gold standard in the years leading up to WWI.
Bernard von NotHaus was ahead of the curve and could have been printing decorative, commerative, or even blank rounds and come out as a leader in the world’s PM backed currency movement. Instead he’s looking at a lifetime of appeals, jail, and destitution.
Supposedly, Liberty Dollars are denominated by weight and backed by a commodity.
That doesn’t sound like any circulating U.S. currency so it’s hard to see that this is counterfeiting.
I guess the FED doesn’t like competition.
Amazingly, the Feds have used this case to extend the definition of “domestic terrorist” to include a guy that mints 0.999 fine silver “rounds” and encourages others to use them in trade. The guy’s fraud was not related to the weight and purity of his minted rounds, but to the allegation that the rounds could be confused US coinage.
It is perhaps justified for a national government to protect its monopoly on seignorage by imprisoning and confiscating the wealth of private citizens that threaten its seignorage privilege. However, for the Feds to call this guy’s actions “domestic terrorism” is a real stretch, and strongly suggestive of just how scared the government is that its massive and multiple Ponzi schemes are about to collapse.
NotHaus was the founder of a group called NORFED...
Nice low profile.../s
I’d buy and take silver (.999 fine) blanks over any US coin.
Confusion indeed. His liberty dollars, since they are pinned to the price of silver or gold, are inflation proof. We can’t have that, it might remind or wake up the populace to the fact that their ‘money’ has been tokenized and is now a fiat currency backed by nothing, worth only what you can trade it for, and that my friends is shrinking by the day.