Replying to Avatar a source familiar with the matter

I enjoy showing foreigners how fake US "money" is

The copper ring on quarters, revealing that it's just a cupronickel face over a copper core

Flipping an old penny vs a new one to hear the ring of the copper vs the dead thunk of the zinc

The $50 1oz Gold Eagle that the US government will sell you for about $2,000

The Federal Reserve Note (note=debt) that's also legal tender for ALL debts... Even itself
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James A Lewis 2y ago

You can't make a fiat coin out of materials worth the some monetary value of the face. That defeats the purpose of fiat entirely!

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a source familiar with the matter 2y ago

Which is why I save nickels - next US coin to fall (followed by the penny, again)

Nickels are currently 25% nickel 75% copper solid alloy (silver rather than red/brown for interesting chemical reasons)

US nickels are worth 5.7c in metal value & cost the feds around 10c to make

They naturally hedge against inflation, deflation, currency revaluation and are barterable in the event of collapse

Most of my wealth is in reserve assets (gold but you can use Bitcoin if you must) or investments, but I think US nostriches should consider saving some nickels