Texas bill to create a gold-backed digital currency

Or some one pointed out it’s unconstitutional.

 

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Of all the "freedom" bills the Texas legislature might have passed, I was kinda surprised by which one they did pass:

https://www.texastribune.org/2023/05/29/texas-crown-act-law/

Maybe they figured if people could discriminate on the basis of hair appearance, somebody someday might come for their ten-gallon hats...

 

I must admit I'm a bit TL;DR the entire thread. So please LMK if this has already been discussed.

My disdain for any type of CBDC leads to control. The elitists have already proven they are not like us slaves. edited

 

How exactly does this work when you can't get local, state, the federal government or national governments to agree on anything? Not to mention the fact they can't be both completely incompetent and capable of pulling off this conspiracy. They'd also need a database with appropriately 350 million entries just for the US alone. The number of people involved in the creation and maintenance of that monstrosity means we'd know if something like that were in the works.

There's also the small problem that digital currencies are created by private entities not the government. Governments have exerted little to no control over them to this point.

And as far as the states go, there is little need to worry. states creating their own currency remains unconstitutional. It can't happen/

 

Okay

Not getting drawn into the political discussion rabbit hole. Final post on this for me.

The CBDC discussions are widespread. It's not a conspiracy theory by any stretch of the imagination. You're entitled to ignore the warning signs.

We all know what they say about opinions.

Peace out.....

 

Might want to go edit the edited part of your previous post, then. And possibly other parts. Just sayin'...

 

I'd like a donut and coffee please. I'm sorry sir, I can get you coffee, but your last check up showed obesity and the computer will not allow me to charge you account for the donut.

 

Cool! Free donuts!

 

Sir there's a new note in your currency file to monitor your caffeine intake.

 

At least Texas has decided gold and silver are real money. That's more than most states.

 

Ours has at least decided that they don't incur sales tax (unless they're fabricated into jewelry).