Permissioned finance in actionhttps://twitter.com/TruthOfGujarat/status/817672430395265024 …
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1:40 -
Replying to @NickSzabo4
Trump should sign an executive order authorizing the use of gold as money, if people want. Break the government money monopoly.
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Actually, I should say no "official" restriction: the Liberty Dollar story shows de facto situation.
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A big problem: "official government currency" provision in UCC: can't write check in gold or bitcoin.
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Do you have a reference for this?
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https://www.law.cornell.edu/ucc/1/1-201 "Money" "... currently authorized or adopted by a ... government. "
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