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Cryptocurrency is unconstitutional

posted 1 year ago by WeThePepele 1 year ago by WeThePepele +41 / -0

We should all be able to use cryptocurrency within the open, free market.

It is my opiniom that cryptocurrency should never be used as a form of currency issued by the federal government of the United States of America as a standard because it is unconstitutional.

Source : Article I, Section 8, Clause 5

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures

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– Monomial 1 point 1 year ago +1 / -0

If the miner must be "permissioned", then it is not a public blockchain and therefore not a cryptocurrency. You have just defined a CBDC, which is essentially what Ripple is.

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