You can measure size of silver coin and weight. It's difficult to fake it. Also coin testers are about $1000. Cheaper than a credit card machine.
Do you double check every fiat twenty dollar bill someone gives you? A one ounce silver is worth about $40 and goes up if you just hold it. Silver is important for industrial use as well as a monetary metal.
Also the USA constitution says only gold and silver are money. Fiat federal reserve notes that are not backed by gold are technically unconstitutional.
Article I, Section 10, Clause 1: No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
You can measure size of silver coin and weight. It's difficult to fake it. Also coin testers are about $1000. Cheaper than a credit card machine.
Do you double check every fiat twenty dollar bill someone gives you? A one ounce silver is worth about $40 and goes up if you just hold it. Silver is important for industrial use as well as a monetary metal.
Also the USA constitution says only gold and silver are money. Fiat federal reserve notes that are not backed by gold are technically unconstitutional.