The Thripp Republic is a new micronation founded by Richard X. Thripp on Jan. 3, 2011 in Daytona Beach, Florida with its own constitution and currency (the Thripp Dollar). In the future, there will be a Senate, Supreme Court, citizenship applications and benefits, free markets, and other fun yet serious things.
The Thripp Dollar is backprinted on 4×6 prints of artistic photographs by Richard X. Thripp. Currently, over 8000 one dollar notes have been printed and are generally distributed by Richard X. Thripp himself to students and faculty at Daytona State College.
The Thripp Dollar is worth 1/5000 troy oz. silver. This means that as of Jan. 3, 2011, one U.S. Dollar is equal to about 160 Thripp Dollars.
The Thripp Dollar was revalued by Executive Order 84: Currency Reform Act of 2012 on August 4, 2012.