3 ms·
Does anyone know is this is constitutionally legal?
by bprater 18y ago
Does anyone know is this is constitutionally legal?
- deleted 18y ago[deleted]
- chaostheory 18y agoI believe it is, but that doesn't mean the Feds won't seize it. To avoid the possibility, they should just call it gift certificates or something similar.
- stcredzero 18y agoBetter yet, just have multiple independent parties verifying each other, maintaining servers overseas, and make all transactions electronic.
- stcredzero 18y agoBetter yet, just have multiple independent parties verifying each other, maintaining servers overseas, and make all transactions electronic.
- smanek 18y agoof course it is - anyone can print currency. You just can't claim that your currency is legal tender for any debts or try to pay your federal taxes with it. Most retail stores offer gift certificates or store currency (e.g., Toys R Us Dollars). Article 1 Section 8 grants congress the right to coin money, not to prevent others from doing so.
- eru 18y agoAt least in Germany printing your own money is in fact illegal. (Even if it does not claim to be legal tender.) Gift certificates are OK, though.