Granite State Considers Adopting Gold and Silver As Legal Tender

As such, many people have been inclined to get rid of our dollars and hold our savings in more stable forms of money, such as gold and silver. Many people who are concerned for their families’ financial wellbeing would love to see this bill passed into law. Astute people hold a large portion of the wealth in the form of gold and silver. Especially in New Hampshire, an ever-increasing number of establishments are accepting gold and silver as payment. But we do need to pay taxes to the state and local governments. Currently, the government only accepts dollars.

What Is Money?

The man who raises cows and bulls has valuable assets, but livestock is difficult to carry in your pocket and not practical for dividing into small denominations. Animals also live for only a few years. The fisherman has lots of fish, but they also die quickly, and not everyone even likes fish.

Local NH Mint Brings Sound Money Back

In the face of long-term inflation, increasing numbers of people are losing faith in the dollar, trading their ‘Federal Reserve Notes’ for assets that they believe will hold their value better. The past few years have seen massive interest in crypto, gold, silver, firearms, and many other assets. But it isn’t just for investing or wealth preservation. Many people are already using the alternatives as real currency for everyday purchases. 

How DC Politicians Destroyed Our Money

Nearly every government eventually becomes greedy and seeks to steal more from its people than it could via simple taxation. Tyrants in the federal government always wanted to control the money that the people used. Alexander Hamilton wanted the President to rule over the Americans for life with massive powers, and he wanted the central government to be quite authoritarian.