Real Money Archives - Bernard von NotHaus

Liberty Dollar gets new life as asset-backed cryptocurrency

A New Generation of Honest Money from my son Extra von NotHaus, LD2 is an asset-backed cryptocurrency that facilitates vaulted, physical ownership of redeemable precious metals and real-time trading of those assets.

LD2 embodies the spirit, methodology, principles and community of the Liberty Dollar currency.

Coin World posted a great article about my son’s new venture, a cryptocurrency called the LD2.

An excerpt from Coin World:

The Liberty Dollar is being resurrected as an asset-backed cryptocurrency that, according to its developers, “facilitates vaulted, physical ownership of precious metals and the real-time trading of physical precious metals.”

The cryptocurrency, identified as LD2, is the brainchild of Extra von NotHaus (son of Liberty Dollar creator Bernard von NotHaus) and Steven Brendtro.

According to the developers, the LD2 cryptocurrency is “a blockchain-based digital warehouse receipt, issued by [ISSUER], with the precious metals backing on deposit with the [DEPOSITORY], and the [AUDITOR] providing a monthly examination of all holdings. The [AUDITOR] works on behalf of the token holders to verify that all issued tokens are backed by the prescribed amount of precious metals. This third-party vaulting verification and independent auditing ensures that there is exactly one troy ounce of physical precious metal in the vault for each token issued, at all times —– independent of token ownership. As a digital warehouse receipt, every LD2 token is fully redeemable through the [DEPOSITORY] for its precious metals backing.”

According to Extra von NotHaus, “the first two issuances, LD2.zero and LD.silver, will be backed by silver before we issue a gold-backed version.”

LD2 digital tokens are a warehouse receipt that guarantees its owner/bearer the precious metal stored in the insured vault,” according to the LD2 founders.

First, the issuer purchases the silver that is delivered to the depository, where the depository and auditor verify the deposit. The issuer issues tokens, with the tokens sold or reserved. Tokens are transferred to the holder that purchases them, and then circulate.

Read more at Coin World.

LD2 is a silver-backed cryptocurrency that facilitates vaulted, physical ownership of silver, real-time trading and physical redemption in silver – just like the original Liberty Dollar!

LD2 embodies the spirit, methodology principles and community of the Liberty Dollar currency. This new LD2 cryptocurrency is very similar to the old digital eLibertyDollar (eLD), only a lot better because it’s based on blockchain technology. It is still 100% backed and 100% redeemable in one troy ounce .999 fine silver coins just like the original eLDs.

Please note LD2 is completely legal as it does not encourage usage of the physical silver in commerce, so it does not violate USC Section 486 of which I was convicted. As a cryptocurrency it also has stronger encryption, more privacy and far better functionality than the original Liberty Dollar.

Here is a PDF White Paper.

Bernard von NotHaus
Monetary Architect

LD2 a True Asset-Backed Cryptocurrency

Please join me in welcoming the birth of the new silver-backed cryptocurrency, LD2 – a state-of-the-art issue of honest money – that is now available.

I am very pleased to announce that the Liberty Dollar LIVES!!!
And a new generation of Liberty Dollars has just been issued!

Even more amazing is that the new “crypto Liberty Dollar” is the work of my son, Extra, who grew up in the Royal Hawaiian Mint, and Steven Brendtro, who was an outstanding Regional Currency Officer in the original Liberty Dollar organization. I must confess LD2 came to me as a complete surprise. I am a shocked, pleased and an amazed parent.

Here is an excerpt from the official Press Release:

LD2 Launches a True Asset-Backed Cryptocurrency, Continuing the Liberty Dollar Legacy

LD2 expands beyond the historical foundations of the Liberty Dollar to produce a truly innovative, asset-backed and value-stable cryptocurrency, that’s 100% backed by, and 100% redeemable in precious metals.

LD2 is a cryptocurrency poised to bring old-school, value-based monetary principles to modern-day cryptocurrencies. Developed by Bernard’s son, Extra von NotHaus, and a Currency Officer of LD, Steven Brendtro, LD2 mirrors the original Liberty Dollar in that every digital token is backed by real, physical, precious metals. Custom minted one troy ounce silver LD2 coins are stored in a secure vault, backing up every single digital LD2 token issued. According to co-founder Extra von NotHaus, “LD2 is reimagining my father’s very successful concept of an asset-backed currency by bringing it into the modern technological paradigm of blockchain, which significantly improves the functionality and utility.” All digital tokens issued by LD2 can be redeemed for the actual minted silver coins with true market value. Enhancing the versatility and usefulness of LD2 is its integration of the Ethereum blockchain technology, making it easy for existing cryptocurrency users to jump on board. Unlike the more common security-based Initial Coin Offerings (ICOs) that are in the news almost everyday, these are actual hard, physical assets, tokenized on the Ethereum blockchain. This innovative precious-metal-backed cryptocurrency is being released in these two initial phases:

Read more: Digital Journal

The first issuance of LD2 is named LD2.zero. Only 10,000 tokens will issued with each backed by a stunning 20th Anniversary Liberty Dollar brilliant uncirculated (BU) commemorative coin in one troy ounce of .999 fine silver. Only an additional 1,000 proofs of these coins may be issued outside this LD2.zero issuance so this will be the first and potentially only opportunity to secure this imminently rare Liberty Dollar coin at issue price.

Don’t delay. If you got the original Liberty Dollar, take advantage of this early opportunity to get one of the 20th Anniversary Liberty Dollar commemoratives and support the launch of the new LD2!

Please visit: https://LD2coin.io to learn more about it and re-join the sound money movement – today.

Bernard von NotHaus
Monetary Architect

Arizona Challenges the Fed’s Money Monopoly

Arizona Challenges the Fed’s Money Monopoly

Dr. Ron Paul’s Weekly Column for March 5 gives us great news about the growing anti-Fed movement and monetary policy in the state of Arizona.

This is another example pioneered by Bernard von NotHaus for citizens, states or other organizations to lead America back to a value based monetary system and protect its citizens from the abuse and monetary rape of its citizens by the federal fiat money.

An excerpt:

Audit the Fed is not the only focus of the growing anti-Fed movement. For example, this Wednesday the Arizona Senate Finance and Rules Committees will consider legislation (HB 2014) officially defining gold, silver, and other precious metals as legal tender. The bill also exempts transactions in precious metals from state capital gains taxes, thus ensuring that people are not punished by the taxman for rejecting Federal Reserve notes in favor of gold or silver. Since inflation increases the value of precious metals, these taxes give the government one more way to profit from the Federal Reserve’s currency debasement.

Tomorrow, Wednesday March 8, Dr. Paul will be in Arizona to help rally support for HB 2014, speaking on behalf of the bill before the Arizona Senate Finance Committee at 9:00 a.m. He will also be speaking at a rally at noon at the Arizona state capitol. He hopes every supporter of sound money in the Phoenix area joins him to show their support for ending the Fed’s money monopoly.

President Trump: Replace The Dollar With Gold As The Global Currency To Make America Great Again

I spotted this super great article by Ralph Benko, Contributor for Forbes, and I just had to share it with my readers.

Here is an excerpt:

Inside President Trump’s otherwise “standard Trump stump speech” at CPAC was nestled what might be a most intriguing observation:

Global cooperation, dealing with other countries, getting along with other countries is good, it’s very important. But there is no such thing as a global anthem, a global currency or a global flag. This is the United States of America that I’m representing.

Mr. Benko explains that there is, in fact a global currency. It is called the U.S. Dollar. He then does a superb job of explaining a bit of the history, the problems this created, and what President Trump’s options are if he indeed wants to “Make America Great Again.”

Mr. Benko: “As I have repeatedly observed Donald Trump shows a strong affinity for gold. He has also shown a keen intuitive grasp of how the gold standard was crucial to having made America great.”

What would be the outcome of President Trump’s following his instincts and going for the gold?

Prosperity, that’s what.

Go read the article to discover how President Trump can bring prosperity back to America.

WOW! TRUMP JUST GOT HIS OWN SILVER ‘DOLLAR’ AND HE’S NOT EVEN PRESIDENT YET!

Today I did an interview with Gary Franchi of The Next News Network. I invite you to go to You Tube and view the video. Gary’s team did an awesome job, and I encourage you to please share the video far and wide.

Jim Rickard’s says, “There will be a War on Gold”

Jim Rickards: “There Will Be A War On Gold”

There have been a lot of very important, very significant political and geopolitical developments and they can all impact gold or commodities one way or another…

I do have the sense that we’re getting closer to some very significant break in the system…

This is a great interview Sprott’s Thoughts publication did with Jim Rickards, following a recent keynote presentation at the Sprott Natural Resource Symposium. James G. Rickards is a best-selling author and advisor to the U.S. Department of Defense and Intelligence Communities.

Some excerpts…

Everyone knows that gold used to be money but most people don’t think of it as money today. I do personally and that’s how I analyze it, but that’s not widespread. Most people don’t think gold is money. They think it’s a commodity. I disagree. I think its money.

So gold used to be money. It’s not really money today except to a few people like me. I think it will be money again in the future.

What is money? I gave a lot of illustrations; feathers, clam shells, euros, gold, silver, beads, digital money, credit cards, and bitcoin. The truth is they’re all money or have been money at certain times. There were certainly times and places when feathers or clam shells were money. Not so much today but that used to be true in certain societies.

People like to criticize gold or paper dollars or bitcoin and they say well, “It’s not backed up by anything.” The dollar is not backed up by anything or bitcoin is not backed up by anything. I make the point that all forms of money are backed up by one thing—confidence.

So I expect that when governments suddenly wake up one day and say, “Wait a second, all these people we tried to chase out of paper money, they’re going into gold.”—at that point, there will be a war on gold.

If you and I have confidence that something is money, then its money….

The entire interview and podcast are here

If you are fed up with money that loses value, you can Trump the government with some Trump Dollars in gold, silver or copper.

The British are buying gold, post-Brexit

The British are buying gold, post-Brexit. Some buyers are putting 40% to 50% of their net worth into gold. Peter Schiff reports;

British Pouring Up to Half of Their Net-Worth Into Gold

Historically, the British haven’t been too keen on gold. Now that post-Brexit, the future is so unknown and the effect on the economy so uncertain, they are seeking a safe haven in both gold and silver to protect their net worth. They are worried about bank failures and inflation. They are worried about losing their life savings.

Reuters reports on one London-based property developer who said “the current sense of panic over the UK financial system was unlike anything he had ever seen.

‘I just can’t believe what’s going on,’ he said, asking not to be named. ‘Projects that were meant to happen now haven’t and the last thing I would do right now is buy another property.’

Instead, he has bought £350,000 worth of gold and plans to hold it for at least the next two years.”

Britain’s departure from the European Union could send shock waves across the global economy and threaten more than a trillion dollars in investment and trade with the United States, reports The Washington Post.

From Zero Hedge “The truth as all those who buy gold after the devaluation learn, is that for gold to be a store of value and preserve purchasing power it has to be acquired before some catastrophic, devaluing event, which as yesterday’s Brexit showed, tends to be utterly unpredictable.”

Gold and silver are real money. REAL money is inflation proof. With the US dollar losing value at an alarming rate and more bailouts with much

Trump Dollar - Post-Brexit, British buy Gold — Trump Dollar – Gold

higher National Debt continuing to grow, now is the time to take monetary matters into your own hand and protect your money… before it is too late.

The Trump Dollar is a great place to start!

Mining CEO Forecasts Triple Digit Silver

I found this article today over at SHTFPlan – Top Mining CEO Forecasts Triple Digit Silver Within Two Years: “The Manipulation Is Coming To An End”

The article is worth a read. Keith Neumeyer, Chairman of mineral bank First Mining Finance and the CEO of First Majestic Silver,

“highlights the fact that people all over the world are fed up with politicians, central banks and financial institutions working together to further degrade our rights and pillage our wealth. The Brexit vote is the latest evidence of this, but so, too, is the rise of Donald Trump’s popularity in America.”

“The anti-establishment movement is pushing back and with it will come collapse of the status quo, panic and violence. Anytime throughout history that confidence in the system has been lost and chaos is the norm, precious metals become the only safe haven asset and currency of last resort.”

I advise that you trade a hefty portion of your worthless Federal Reserve Notes (FRN) for silver or gold before it’s too late. The Trump Dollar would be a great place to start!

The last few days I was attending a coin convention in Orlando, Florida and did a couple of video shoots that I will post soon. Video shoots went well… the proof is in the pudding… or as they say on the floor of the editing booth…

Since I returned from the coin convention… I am swamped with a backlog that seems to be unending. I am now home and recuperating from my travels. The air-conditioning just quit working so it is HOT as h*ll in here as its 97 today. I hope you can stay cool where you are.

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Are You Celebrating Your Liberty Today?

Do you feel free? Are you enjoying your liberty?

Real Money

One of the few freedoms I see that we still have left to us, is the freedom to buy real money; i.e. gold and silver. Yes, this is another shameless plug for the Trump Dollar. Of course I want you to buy some gold and/or silver from me. Own some Free Speech that is Actually Worth Something.

The “2016 Trump Dollar” is a clear call for freedom of political speech and an expression of distrust of the entrenched political class. It was created to recognize Donald Trump’s heroic presidential candidacy and popularize it with collectors and sound-money supporters. It was designed by Bernard von NotHaus, the monetary architect of the Liberty Dollar. That’s me.

Liberty

Tyler Durden, over at Zero Hedge, best expressed today, my sentiments about the current state of freedom in America.

What Is It We’re Celebrating Exactly?

“Moral law no longer governs. Only the law. And that can be anything. There are no limits whatsoever on what may be done to us; only that a law be enacted (and not even that). We are bound to obey, regardless. The king’s men could simply take our things, search our persons on whim. The colonists objected to such treatment and cited such treatment among the reasons for their decision to secede. Is it not a fact that the government’s men (and women) can simply take our things? Search us on whim? Have you traveled recently?” Read his post HERE.

Meanwhile, out in California, Governor Brown just signed six more gun ban laws, removing more freedoms that Californians thought they had. James Wesley Rawles over at Survival Blog, did an excellent job of informing us…Coping With California’s Six New Gun and Magazine Ban Laws.