When America first declared its independence, how did ex-colonists begin using new American currency without problems of acceptance, actual weight to the currency, or initial reputation?

Question

How was a new government just able to declare, “This shall be the money we use”, and have citizens accept it as well as use it to pay for goods? Especially when it was newly made and had no weight?

(spoken as a non American)

In: Economics

Answer 1

slowly and with difficulty, there is a good wikipedia page on it https://en.wikipedia.org/wiki/Early_American_currency, but basically all the states individually started issuing their own unbacked currencies for like 6 years before the federal government got around to using a loan of french silver to actually make a national currency, and state curriencies continued for almost another 100 years.

back in that day, a lot of currencies werw still gold/silver backed/coins, so it was easier to use multiple nation’s currencies in 1 market, just compare the weight, so people did thst a lot. the name “Dollar” is actually ripped off from a Spanish currency “Dollar” that was popular at the time