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MRG: You mixed so many metaphors that I cannot imagine what you are talking about.
Suffice it to say, this case repeats the lesson taught in economics class: "money" is whatever medium of exchange people will accept. If they accept enormous carved stones, like that Yap Islanders, or seashells, or tulip bulbs, then that's money. FRNs and electronic entries on bank accounts and credit lines count as money. Do-it-yourself funny money does not.
So far, in all my experience, the people promoting the idea of funny money WON'T ACCEPT IT when people try to pay them with it. The Montana Freemen wouldn't accept their own Leroy Checks, Media Bypass which was closely associated at the time with Norfed stopped accepting Norfed funny money for subscriptions, etc. Those people all wanted Real Money -- from the US Mint, and none of the stuff they were churning out on their Ataris.
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