Re: How did Satoshi Program for Incentive to Spend?

you must be doing something right where in the workd are you located and what is a "new" dollar i've never heard of that NYC;)

http://www.youtube.com/watch?v=X6Sawj0HyF0

At the moment, I am in Calif. Not sure why that matters here on the interwebs.

Some New Yorkers have heard of it. David Ganz, Richard Timberlake, Nathan Lewis, Steve Forbes are New Yorkers who have all written about LD and are aware of NLD. Though admittedly we keep a much lower profile than the original.

If you never heard of Liberty Dollar, it was one of Satoshi's inspirations. "New" Liberty Dollar is the successor due to the fact that the Liberty Dollar founder is currently fighting off the US Government's false accusations in their attempt to maintain a monopoly on money. He may spend the rest of his life in court as a professional defendant, but I hope he outlives their onslaught. NLD kept as much of the original as legally possible, dropped all the politics, and set up shop. Consequently "New Liberty Dollars" are OK to sell on eBay, and original "Liberty Dollars" aren't (yet).

don't get me wrong i have rolex spoons i'd trade for bitcoins all day , i just see from your site your coins say: 50 "NEW DOLLARS" spot price for silver is nowhare near $50 and whats wrong with the old dollars what happened to: In God WE Trust? NYC;)

We are drifting off topic so I'll be brief.
US$50 is the MSRP, we sell wholesale based on spot+premium, not retail. Still, you would be surprised how many collectors buy them for US$50 or more. The limited run from last year was recently selling on eBay for US$280/oz.
The original LD said "TRUST IN GOD" Apparently, the Treasury god is a jealous god, and doesn't want such words to be inscribed on anything unless they do it. They alleged in the case that it could confuse people into thinking that they were looking at a US quarter or other current money of the US. So we dropped that and put in the "RIGHT TO CONTRACT" motto instead, referencing the first article of the US constitution which also enshrines gold and silver as the money of the US, forbidding states to make money of anything else.