By Jp Cortez
Texas and Ohio have previously acquired gold. Meanwhile, legislation like HB 348 is under consideration right now in Missouri, Tennessee, Idaho, and West Virginia.
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60 sats \ 2 replies \ @grayruby 2 Apr 2024
Eventually a state will try this with a small allocation of Bitcoin and it will work so well all the the states will follow.
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50 sats \ 1 reply \ @Undisciplined OP 2 Apr 2024
I think they started with gold and silver for a couple of reasons.
- Those movements predated bitcoin.
- The constitution is explicit about legal tender being gold and silver, so there aren't as many potential roadblocks.
I think these are the first steps towards states completely undermining legal tender laws.
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60 sats \ 0 replies \ @grayruby 2 Apr 2024
First steps in a long journey.
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