The Story of The Dollar I Found... And How It Changed My Outlook On Money

in money •  2 years ago

The truth is, I bought the dollar outright. I found it counting donations for a charity. There were two other people in the room, so I proceeded to tell the treasurer in the room that I would like to exchange a dollar I have for it. He refused, and so I offered a five instead, still he wasn't budging. In the end, the dollar that you see below cost me 10 dollars to acquire. To this day, it is still the best $10 I have ever spent.

READ THIS TEXT UNDER ONE DOLLAR IN THE PICTURE ABOVE: "In silver payable to the bearer on demand"


I used to read about it and watch obscure YouTube videos about how the dollar will collapse and how it used to be backed by real assets such as gold. These videos, however, were always part of some conspiracy theory about reptile alien overlords and fake moon landings. So credibility was low to say the least.

BUT then, there it was as clear as day for the eyes to see and for my hand to touch. I was shocked at first, a small part of me couldn't believe it was actually true. How on earth could the entire population of our world just willingly participate in a lie?! 

The dollar today is just a piece of paper, backed by NOTHING but an empty promise. 

It is one of the biggest reasons I am such fervent propagator of Bitcoin and Blockchain technology today.

Follow me at DecentralizedRevolution.com 



 

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So are those bills worth much more than a dollar? Can you actually still claim the silver? I'd not heard about this before, but found this

Some old UK coins had some silver in them. I have some, but the value is only a few pennies. I think recently some coins are worth more as scrap metal than their face value.

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Hey Steev,
There use to be a time when yes, these dollars use to be redeemable in silver at any bank in the United States. However Nixon removed the peg of the dollar to gold so that way they could print as many bills as they want without having to back it by anything.

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oh and today that dollar is probably worth just a couple of dollars on ebay, for collector value more than anything else.

This is a great article. Not many know that the dollar in your pocket is actually worth -minus a value..!! Its just DEBT DEBT DEBT. Thanks for sharing. I am happy to share this on Twitter✔ for my followers to read. Following and looking forward to reading more of your posts. Cheers. Stephen

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I appreciate the vote of confidence Stephen!

Steev,great article.