Tuesday, November 27, 2007

eLiberty Dollar

The Liberty Dollar Online
America’s inflation proof currency since 1998. Send and Receive Real SILVER via E-Mail. World’s first value backed currency available in digital, physical, and certificate form.
Start “making money” with the Liberty Dollar - get it at a discount and use it at a profit. Use the online currency that is 100% backed & 100% redeemable in actual silver. Enjoy the privacy, value, and security of the real silver Liberty Dollar. Learn More…
There is no charge to open an account for digital Liberty Dollars. There is no fee for transacting the American Liberty Dollar (ALD) under $10. All transactions of $10 or more cost 37 cents per transactions.
Capitalizing on the steady growth of ‘America’s second most popular currency’ the Liberty Dollar is now available in digital form. The digital Liberty Dollar is now available to individuals and merchants to conduct business on the Internet, via e-mail, or through electronic funds transfer (EFT). Simply put, users can email Liberty Dollars to anybody in the word and buy on the WorldWideWeb from any merchant who accepts Liberty Dollars.
To spark the inspiration of the Free Money Movement, the fees for using the digital Liberty Dollar are free for all transactions under $10. For a payment of $10 or more the fee is a flat 37 cents, paid by the payee. For the cost of a postage stamp, users can now send silver backed Liberty Dollars anywhere in the world instantly and at a fraction of cost of the typical banking fees.
A warehouse receipt is a contract between a warehouse and another party, individual, or bearer. Like every contract, there are a number of elements required for it to qualify as a legal, binding agreement. The Uniform Commercial Code (UCC), the governing body of law for the original paper warehouse receipts, specifies seven such elements: 1) Term of receipt, 2) Date of issue, 3) Description of item warehoused, 4) All additional charges or conditions, 5) Expiration of receipt, 6) Address of warehouse, 7) Signature of the warehouse official. All seven elements must be on the paper warehouse receipt.
Whereas Digital Warehouse Receipts (DWR) have been issued by Sunshine Minting, Inc. to NORFED in paper form with the seven elements, the Liberty Dollar is now distributed in digital form as a DWR. Just as it is legal to use your digital signature to “sign” documents, it is now legal, as defined by the Terms of Service, for you to use a DWR.
Digital Warehouse Receipts are different from paper warehouse receipts in that any part can be fractionalized to thousandths of the whole. And because of the digital nature of a DWR, this fractionalization can be executed by the bearer on demand, so long as the whole never exceeds the quantity of the underlying goods in the warehouse. All Liberty Dollars in digital form (eLD) are 100% backed by silver at a $10 base, which means that every ten dollars ($10) is backed and redeemable by one Troy ounce of .999 fine silver.
Digital Warehouse Receipts provide numerous advantages, just as your digital signature provides advantages in our advancing digital age. In addition to the speed, safety and the flexibility that fractionalization provides via digitalization, the eLD can also be used in e-commerce on the Internet. Plus it can be emailed in total privacy to anyone in the world, even if they don’t have an eLD account. Just as you can send an email at a fraction of the cost of a regular long distance phone call, an eLD transactions under $10 is free and over $10 is only $0.37 per transaction.
Most people prefer to become a Liberty Associate (link this to http://www.libertydollar.org/html/rc.asp ) and get the ALD at a discount so they can use it at a profit. Just as the ALD in paper and metal form is available at a discount, the digital ALD is now available at the same discount posted on the Liberty Dollar home page at http://www.libertydollar.org/ .
Plus Associates get $100 for every new Associate he sponsors. The Liberty Dollar actually pays you to use it and share it with your friends, businesses and community for the betterment of our great country. Do you want to make money, do good and have fun? If so, use the Liberty Dollar.
Click here to learn more about becoming a Liberty Associate today. ( link to http://www.libertydollar.org/html/rc.asp )
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