Aaron Daniel's avatar
Aaron Daniel aaron@resolvr.io 2 years ago
Pura Vida. It's time for states to redeclare their monetary independence from the federal government by promoting freedom of choice in money. Lessons from California's monetary secession during the Civil War.
The Bitcoin Brief
Resisting Federal Monetary Policy through States' Rights: Lessons from California's Experience During the Civil War
Financial freedom, backed by states' power to set contract law and court procedure, proved to be a "sly, roundabout way" to take money out of the h...
 Newsletter built with #value4value.

Replies (3)

Aaron Daniel's avatar
Aaron Daniel aaron@resolvr.io 2 years ago
The only proven method to shield against federal monetary overreach is to support the local business community's freedom to contract in all types of money (including Bitcoin) by requiring court judgments in the contracted-for medium of exchange. #[1]
Aaron Daniel's avatar
Aaron Daniel aaron@resolvr.io 2 years ago
The bill doesnt ban CBDCs, which would be unconstitutional, probably. A more effective policy would be to simply mandate courts enforce payment in the medium of exchange contracted for between consenting parties. California successfully did this during the Civil War. View quoted note →
↑