LBD Available for Purchase. Get Your Libertarian Dollars Now.

in #steemsilvergold4 years ago (edited)

As the White Paper says, "LBD will only be sold for silver already in possession." Our First Majestic silver rounds have arrived, we have physical possession. Proof of silver is photographed below.

We try to avoid generic rounds in our approved silver list. First Majestic Silver Rounds are somewhere in between generic and well known mints. First Majestic is a silver miner based in Canada but with all their mines in Mexico, the number one silver producing country in the world. It is a beautiful coin displaying the identity, quantity and purity. The smooth side shows off the beautiful reflective properties of silver while the rough side represents some Mayan imagery as an homage to Indios native to the region of Mexico and Central America. The CEO of the publicly traded First Majestic is Keith Neumeyer, an outspoken opponent of the criminal comex cartel who is trying to get silver miners allied for action. We like that. And the rounds are affordable.

When it comes to redemption this is a non allocated program, we're just focused on transparency with regards to our approved silver list and what we have in inventory ready to back this cryptocurrency.

We are happy to offer each ounce of silver worth of LBD, 1.293 LBDs, for $26.50. We only have 20 ounces at this time so check our inventory before sending payment. Anyone sending steem along with a valid SLP address will receive 1.293 LBDs for every $26.50 worth of steem.

This price per ounce covers procurement, storage, redeemability, all our overhead to get this program started. It is a great deal compared to other similar services. Mind you, at the time of writing the cheapest American Silver Eagle I can get right now is $26.60 an ounce, which doesn't include transportation. And that is the only option on our current approved silver list.

The Libertarian Dollar, LBD, SLP Token, the easiest and best way to buy, store, redeem and transact in silver.

Inventory:
Price per LBD: $20.48
LBDs available for sale: 25.86
Silver backing for LBDs on sale: 20 ounces
LBDs in circulation: 1
LBDs in Mint: 7,111,111,110

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Can people buy non-Integer amounts? Suppose someone sends you 70 STEEM (About $22 worth) with the SLP address in the memo. How much LBDs could they get?

Please take a look at this.
https://www.forbes.com/sites/nathanlewis/2017/04/18/what-is-a-legal-tender-law-and-is-it-a-problem/#4f469f9825da

Where is the vault? Is it in Canada? Can we trust Canada more than the US?

Why did you flag me?

Yes people can buy any amount they want. The LBD token goes to 3 decimal places. If you sent me 70 steem right now (coinmarketcap shows 25.6 cents per steem) I would send you 0.875 LBDs representing about 21 grams of silver. We can do that for you.

The reason we usually think in terms of ounces is for redemption purposes, that will usually be a minimum requirement, although we are currently awaiting delivery of some half ounce rounds from First Majestic.

Vault? As stated in the White Paper this is a one man start up business, we currently have 20 ounces of silver for sale, they are at my house, guaranteed by me. There is currently only one LBD in circulation, you have it, and I have your morgan silver dollar right here. As volume increases we will probably start with safe deposit boxes, then move on to safes, then the real estate, fire power, personnel, cameras, vaults etc. Our security will grow as the stack grows, that's where your premiums go.

I am based in America. When it comes to trust I couldn't tell you which government is worse, both are pretty bad.

The easiest and best way to buy, store, redeem and transact in silver, The Libertarian Dollar, LBD, SLP Token. By supporting us you are supporting a small business, that has the potential to be a huge business.

I'm sorry. That flag was an accident. I didn't know they had a limit on voting for a particular post.

The blockchain wont let me.

Yes it will, you playing games?

No, it wont. I experiment a lot. My software voted on the comment and I was trying different values. I had no idea there was a limit. The flag is a sub-cent amount.

Can you experiment somewhere else? I don't want potential customers making assumptions about the integrity of our operation after seeing a red dot. It's not about the money. I sent you 0.012 LBD for your 0.250 SBD.

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