The Millennium Dollar is a private currency indexed to inflation. It is based on the value of the USD on January 1, 2000. It uses TIPS (Treasury Inflation Protected Securities) as backing, since they're also indexed to inflation.
The Millennium Dollar is intended to be used as a store of value and also as a circulating currency. It can be bought from and redeemed to VirtualMoney, Inc.
While this currency is an interesting idea, the implementation has some flaws. One major flaw is that, according to the official website, notes that have been lost or stolen cannot be redeemed. This is a problem for someone who unknowingly accepts one of these notes, and only later finds out that it is worthless. The site also implies that the notes themselves are very susceptible to damage by water.
Categories: Dollar | Private currencies United States one-dollar bill Canadian one-dollar coin (Loonie) One New Taiwan dollar Australian one-dollar coin 500 old Zimbabwean dollars The dollar (represented by the dollar sign: $ which comprises a single vertical line through a capital S) is the name of the official currency in several countries, dependencies... ISO 4217 Code AUD User(s) Australia, Kiribati, Nauru, Tuvalu, Christmas Island, Cocos (Keeling) Islands, and Norfolk Island Inflation 3. ... The Bahamian dollar (B$; ISO 4217 code BSD) is the national currency of The Bahamas. ... The Barbados dollar – currency symbol $ or Bds$ – is the national unit of currency of Barbados. ... ISO 4217 Code BZD User(s) Belize Inflation 3% Source The World Factbook, 2005 est. ... Bermudian Pound and Dollar Bank Notes. ... ISO 4217 Code BND User(s) Brunei, Singapore Inflation 0. ... ISO 4217 Code CAD User(s) Canada Inflation 2. ... It has been suggested that this article or section be merged with Cayman Islands dollar. ... The dollar has been the currency of the Cook Islands since 1967. ... The East Caribbean dollar (currency code XCD) is the currency of eight members of the Organisation of Eastern Caribbean States. ... ISO 4217 Code FJD User(s) Fiji Inflation 1. ... The dollar (currency code GYD) has been the currency of Guyana since 1966. ... The Hong Kong dollar (currency code HKD) is the currency of the Hong Kong Special Administrative Region of the Peoples Republic of China, and has been the currency of Hong Kong since 1937. ... The dollar (ISO 4217 code: JMD) is the currency of Jamaica. ... The dollar (currency code LRD) has been the currency of Liberia since 1943. ... The Namibian dollar (abbreviated N$ or NAD) is the national currency of Namibia, adopted in 1993. ... A New Zealand $100 polymer banknote, replacement of the old paper notes. ... The tala is the currency of Samoa. ... ISO 4217 Code SGD User(s) Singapore, Brunei Inflation 0. ... The Solomon Islands Dollar was introduced in 1975 to replace the Australian Dollar after independence. ... The dollar (currency code SRD) has been the currency of Suriname since 2004. ... ISO 4217 Code TWD User(s) Republic of China Inflation 0. ... The dollar (ISO 4217 code: TTD; also TT$) is the currency of Trinidad and Tobago. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... ISO 4217 Code ZWD (initially ZWN) User(s) Zimbabwe Inflation 1,593. ... ISO 4217 Code MYR User(s) Malaysia Inflation 2. ... The British North Borneo dollar was the currency of British North Borneo from 1882 to 1953. ... The British West Indies dollar (BWI$) was adopted in 1935. ... The rixdollar was the currency of Ceylon until 1828. ... Six Confederate notes // The Confederate States of America currency was first issued into circulation in April, 1861, when the Confederacy was only two months old, and on the eve of the outbreak of the Civil War. ... The daler (also written dollar) was the currency of the Danish West Indies between 1849 and 1917. ... The rigsdaler was the currency of the Danish West Indies until 1849. ... The Rigsdaler was the unit of currency used in Denmark until 1873 and in Norway until 1816. ... The dollar was the currency of Dominica until 1862. ... The rijksdaalder was an 18th century Dutch coin worth 2Â½ gulden or 50 stuiver. ... The dollar was the currency of Grenada until 1840. ... The dollar or dala became the currency of Hawaii in 1879. ... The dollar was a currency issued by Germany for use in its protectorate of Kiautschou, an area around the city of Qingdao. ... The Malayan dollar was the currency of the British colonies and protectorates in Malaya and Borneo. ... The Malaya and British Borneo dollar was the currency of Malaya, Singapore, Sarawak, British North Borneo and Brunei from 1953 to 1967. ... The dollar was the currency of Mauritius until 1877. ... The dollar was the currency of Mongolia between 1921 and 1925. ... The dollar was the currency of New Brunswick between 1861 and 1867. ... ISO 4217 Code NFD User(s) Newfoundland Subunit 1/100 1/50 cent pence Symbol $ or NF$ cent pence Â¢ p Coins Freq. ... The speciedaler was a Norwegian coin, initially equivalent to the Danish rigsdaler specie coin of the 18th century. ... The dollar was the currency of Nova Scotia between 1861 and 1871. ... The dollar was the currency of Penang between 1786 and 1826. ... The dollar has been the currency of Puerto Rico since 1901. ... The Rhodesian Dollar was the currency used by Rhodesia between 1970 and 1980. ... Sarawak dollar of 1935 The dollar was the currency of Sarawak from 1858 to 1953. ... The dollar was a currency issued in Sierra Leone between 1791 and 1805. ... The Spanish dollar or peso (literally, weight) is a silver coin that was minted in the Spanish Empire after a Spanish currency reform in 1497. ... The Straits dollar was the currency used in the British colonies and protectorates in Malaya and Borneo, including the Straits Settlements. ... The dollar was the currency of Sumatra until 1824. ... The Riksdaler was the name of the currency used in Sweden until 1873 when it was replaced with the krona as an effect of the Scandinavian Monetary Union. ... The Old Taiwan Dollar (èèºå¹£ or èå°å¹£; ISO 4217 code TWN), sometimes called Old Taiwan yuan, was the currency of the Taiwan, Republic of China from 1946 to 1949. ... Collection of Chinese yuan (renminbi) paper currency. ... In finance, the prefix euro as in eurodollars or euroyen refer to currency deposited outside the country of their origin. ... The international dollar is a hypothetical unit of currency that has the same purchasing power that the U.S. dollar has in the United States at a given point in time. ... A petrodollar is a dollar earned by a country through the sale of oil. ... The dollarpound is a fictional currency used in the science fiction comedy series Red Dwarf and its resulting novels. ... ISO 4217 Code AQD (unofficial) User(s) Antarctica Symbol A Coins None Banknotes A1, A2, A5, A10, A20, A50, A100 Monetary authority Antarctica Overseas Exchange Office Website www. ... Calgary Dollars is a local currency in Calgary, Alberta, Canada. ... Disney Dollars is a form of corporate scrip used at Disney theme parks, The Disney Store and at certain parts of Castaway Cay, the Disney cruise-lines private island. ... ISO 4217 Code None User(s) Individuals and businesses primarily in the USA Symbol $ Liberty Services. ... The Toronto Dollar, founded in December 1998, is a paper local currency used in Toronto, Ontario. ... $ The dollar sign ($) is a symbol primarily used to indicate a unit of currency. ... The Holey Dollar of P.E.I. Back in the 1700s, the Spanish government minted a large silver coin which through wide circulation became known as the Spanish dollar. ... ISO 4217 Code SIT User(s) Slovenia Inflation 0. ... Examples of German and Austrian Thalers compared to a US quarter piece The Thaler (or Taler) was a silver coin used throughout Europe for almost four hundred years. ...
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