New $100 bill

[two drink minimum]

http://www.newmoney.gov/currency/interactive.htm

Pretty intense security features.

[Vettezuki]

http://www.newmoney.gov/currency/interactive.htm

Pretty intense security features.

Sorry, the page you requested cannot be found. :huh:

[two drink minimum]

Sorry, the page you requested cannot be found. :huh:

Not sure if you are being clever or not but the link seems to be working for me.

[Vettezuki]

Weird, not for me. Just went to the base URL and it works.

http://www.newmoney.gov/newmoney/Splashpage.aspx

[Leedom]

Link worked for me. Crazy stuff they think of. They will be counterfeited soon enough.

[Vettezuki]

Link worked for me. Crazy stuff they think of. They will be counterfeited soon enough.

They're just trying to shut out the other counterfeiters . . .

[jedhead]

Looks too much like the euro for my tastes. Iran and other governments will soon be able to counterfit this one too. It will make it more difficult for those who don't have government resources to counterfit.

Bob

[enkeivette]

I don't see how this would prevent counterfeit. If I pull out a $100 bill from the 90s no one is going to turn it down. So if the counterfeit machines are 10 years out of date, who cares?

[Vettezuki]

I don't see how this would prevent counterfeit. If I pull out a $100 bill from the 90s no one is going to turn it down. So if the counterfeit machines are 10 years out of date, who cares?

Actually bills cycle out of circulation and eventually are no longer accepted. They also don't hold up for all that long. They'll look weird compared to commonly passed currency and the receiver may simply not accept them at some point.

I just want to be able to use any currency for any transaction, including gold/silver straight across, no barbaric legal tender laws. :pot_stir:

[two drink minimum]

Actually bills cycle out of circulation and eventually are no longer accepted. They also don't hold up for all that long. They'll look weird compared to commonly passed currency and the receiver may simply not accept them at some point.

I just want to be able to use any currency for any transaction, including gold/silver straight across, no barbaric legal tender laws. :pot_stir:

That'll be 1.50 for that soda.

Do you take gold flakes? :jester:

[Vettezuki]

That'll be 1.50 for that soda.

Do you take gold flakes? :jester:

Copper, like pennies. Been around for centuries and centuries. Or multi-metal alloys, whatever. Next. :pot_stir:

[two drink minimum]

Copper, like pennies. Been around for centuries and centuries. Next. :pot_stir:

Ah, so those who want to use gold to buy low-priced items will have to mold tiny coins, which then every seller will have to analyze to ensure the coin's authenticity.

[Vettezuki]

Ah, so those who want to use gold to buy low-priced items will have to mold tiny coins, which then every seller will have to analyze to ensure the coin's authenticity.

Pennies are made out of copper. Nickels out of nickel-copper alloys. We had silver dollars for a long time. This wasn't a problem. We even had mixed monies for quite a while. Even now we use different currencies between countries. We used to have gold clauses in contracts for big "dollar" stuff. We've had private minting at various times, and places. Why did it end? Because of fraud? No, because governments stomped them out of existence by law because to control money itself via the state is to control everything. Period. I'm also not saying you would have to use the commodity itself, but, as it was originally, the paper could be effectively a redeemable wherehouse receipt. See silver certificate vs. reserve note. Simply there is no reason that a single paper fiat currency must be the medium of exchange. Well, not in a free country anyway. In a place where the state seeks control over individual life, then absolutely it's a requirement.

Just like anything, products, in this case money itself, gains credibility over time. Certainly the government could be involved in minting, as it was and is. Maybe it'll win out as the preferred medium of exchange. Maybe everyone will generally agree to make transactions in X. Our Dollar comes from the Bohemian Thaler. It was basically a private money that was prized for its quality and consistency and was used throughout Europe.

The reason the government controls and demands the use of only its money within a geographic area isn't some well intentioned plan to reduce "confusion and chaos", but simply that it makes it much easier for them to control all other aspects of economic life. High on that list is the link to a central bank and the ability to inflate money supplies to do neat things like build-up war machines. Damn hard when the government doesn't control money.

[Vettezuki]

As for government minted coins that in fact are no longer as pure as they were, technically referred to as debasing, it's just another form of an inflationary increase in the money supply. They just can't help themselves. Another reason government's stomped out private monies was because in some cases people WOULD NOT TAKE the government money!