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RE: Snaps Container // 11/8/2025, 3:48:01 PM

in Snaps9 days ago (edited)

Would restoring the dollar to silver mean a 1:1 ratio to paper fiat? No. A 90% silver dime would be equivalent to a $5 or even $10 bill of today. Honest money would be very different, but we could still use debit cards backed by precious metal, and we have crypto, too.

Wikimedia image of a winged liberty "Mercury" dime

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If you wanted to subliminally help make this a reality, convince people to start listing the price of crypto in grams of precious metals, rather than fiat currencies or Bitcoin.

I'm OK with just pricing items in "junk silver" circulated coins in addition to USD using https://www.coinflation.com/ as a quick-and-dirty converter. Today, a silver dime is $3.50 melt value, and probably at least $4 at a coin shop. If they take off as money again in the gray market, that price would rise.

We could, but the people controlling fiat currencies aren't going to just give up their cash cow easily. Blood will almost certainly be shed before we go back to sound money practices.

We can start small. Events like PorcFest in New Hampshire tend to have merchants who accept silver. Perhaps if you have a booth at a craft fair or farmer's market, listing both prices can make a difference.