During 1963, two different five dollar notes were manufactured. One is a red seal U.S. note that the U.S. government
used to pay its debt. The second note (bottom) is a Federal Reserve $5 dollar note that is used to put the U.S. government into debt. Eventually, the red seal notes that came in different denominations ($1, $2, $5, $20, etc.) were completely discontinued. Currently, only Federal Reserve notes are used for our paper currency. The rules for the usage of Federal Reserve notes also applies to digital money (money that is not currency.) In other words, it is assumed that an electonic dollar is a Federal Reserve note as opposed to a red seal note or silver certificate. (An additional note: it is interesting to see Lincoln's visage on this 1963 red seal. Kennedy was assasinated in 1963. Some have speculated that Lincoln was assassinated by international bankers...Kennedy too, although there seems to be no proof of either claim.
used to pay its debt. The second note (bottom) is a Federal Reserve $5 dollar note that is used to put the U.S. government into debt. Eventually, the red seal notes that came in different denominations ($1, $2, $5, $20, etc.) were completely discontinued. Currently, only Federal Reserve notes are used for our paper currency. The rules for the usage of Federal Reserve notes also applies to digital money (money that is not currency.) In other words, it is assumed that an electonic dollar is a Federal Reserve note as opposed to a red seal note or silver certificate. (An additional note: it is interesting to see Lincoln's visage on this 1963 red seal. Kennedy was assasinated in 1963. Some have speculated that Lincoln was assassinated by international bankers...Kennedy too, although there seems to be no proof of either claim.
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