Per the Constitution:
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts...
The Constitution states clearly that only Gold and Silver are legal tender. The US Dollar is made out of gold or silver. I have no doubt a crypto variant will be available for convenience, exchangeable for physical gold or silver at any time.
This will eliminate inflation, which never existed for the first 5000 years of barter until the coin act of 1873 which (against the US Constitution) divorced silver from the US dollar. Inflation got worse and worse until finally in 1971 gold was also divorced from the US dollar. Since then inflation has gone off the hook.
Per the Constitution:
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts...
The Constitution states clearly that only Gold and Silver are legal tender. The US Dollar is made out of gold or silver. I have no doubt a crypto variant will be available for convenience, exchangeable for physical gold or silver at any time.
This will eliminate inflation, which never existed for the first 5000 years of barter until the coin act of 1873 which (against the US Constitution) divorced silver from the US dollar. Inflation got worse and worse until finally in 1971 gold was also divorced from the US dollar. Since then inflation has gone off the hook.
Per the Constitution:
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts...
Per the Constitution only Gold and Silver are legal tender. The US Dollar is made out of gold or silver. I have no doubt a crypto variant will be available for convenience, exchangeable for physical gold or silver at any time.
This will eliminate inflation, which never existed for the first 5000 years of barter until the coin act of 1873 which (against the US Constitution) divorced silver from the US dollar. Inflation got worse and worse until finally in 1971 gold was also divorced from the US dollar. Since then inflation has gone off the hook.