Is Certificate Money Designed To Replace Federal Reserve Notes?
Not quite. Even though Certificate Money may indeed be more valuable than ordinary dollars, certain institutions like the IRS and big utility companies remain unlikely candidates to accept anything but Federal Reserve Notes until America experiences a real change in law/leadership. With that said, history shows that reserve currencies are far more valuable than fiat currencies, and are preferred even by governments issuing fiat currencies! Generally it is only when laws are passed making it an actual crime to use anything but fiat money that the population must lower its standards to fiat money. Sadly, the United States outlawed gold certificates after her vaults were depleted in order to fight war after war, thus making the certificates unredeemable. Since then, military strength and other forms of leverage have been used quite frighteningly to secure the hegemony of the fiat dollar. The irony of our current ‘security’ predicament is quite sad.
