Wyoming and other states begin issuing "stablecoins" under their own names just like every country playing "not CBDC we swear" act. Mean while there is also a USDC which again "we're not CBDC we promise" despite backing value defined by CB. All subterfuge bcz CBDC was vilified. All rebranding. - Conspiracies

Wyoming and other states begin issuing "stablecoins" under their own names just like every country playing "not CBDC we swear" act. Mean while there is also a USDC which again "we're not CBDC we promise" despite backing value defined by CB. All subterfuge bcz CBDC was vilified. All rebranding. (media.scored.co)

posted 7 days ago by pkvi_starlink 7 days ago by pkvi_starlink +11 / -1

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– Jalapeno_gringo 1 point 7 days ago +1 / -0

? Not how I understand it. I can start a currency, the trick is getting someone to accept it

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– BlueDrache 2 points 7 days ago +2 / -0

Article I, Section 8, Clause 5:

[The Congress shall have Power . . . ] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; . . .

Because Article I, Section 10, Clause 1 of the Constitution prohibits the states from coining money,

1 the Supreme Court has recognized Congress’s coinage power to be exclusive.

2 The Supreme Court has also construed Congress’s power to coin money and regulate the value thereof to authorize Congress to regulate every phase of currency.

https://constitution.congress.gov/browse/essay/artI-S8-C5-1/ALDE_00001066/

Feds won't easily give that up to a state run bitcoin/trash-token.

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