It appears that this insanity might just be seriously being proposed!!
Now, there is a supposed letter from a U. S. Mint official, explaining the idea behind it. If true, I despair for the nation, as the idea of creating money out of thin air is highly destructive to trustworthy money. When the national currency is fiat, backed by really nothing but the full faith and credit of the government, the last thing that needs to be done is publicly spotlight the fact that "money" is fictitious as far as the government is concerned.
Here is the letter in question: