Texas just challenged the Federal Reserve's monopoly on money.
With plans to create its own gold-backed digital currency, Texas aims to give the Fed a run for its money.
But is it legal?
The Constitution of the United States says that no state shall make anything but gold and silver a coin in tender and payments of debt.
What do you think?..
Will Janet Yellen and the Treasury let Texas get away with it?
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REVENTURE APP: https://www.beta.reventure.app/dashboard
#texas #currency #reventureconsulting #digitalcurrency #federalreserve
With plans to create its own gold-backed digital currency, Texas aims to give the Fed a run for its money.
But is it legal?
The Constitution of the United States says that no state shall make anything but gold and silver a coin in tender and payments of debt.
What do you think?..
Will Janet Yellen and the Treasury let Texas get away with it?
---
REVENTURE APP: https://www.beta.reventure.app/dashboard
#texas #currency #reventureconsulting #digitalcurrency #federalreserve
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