What is the Liberty Dollar?

The Liberty Dollar was a private currency in the United States created by Bernard von NotHaus in 1998 and was available as coins, notes and as an electronic currency. The Liberty Dollar was backed by gold and silver with the aim of making the currency inflation proof. As of 2009 the Liberty Dollar was no longer in operation due to legal complications with the government in which Bernard von NotHaus was later found guilty of conspiracy.

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