Texas Bill Would Create State-Issued Gold-Backed Digital Currency

6 April 2023

Bills introduced in the Texas House and Senate would create a state-issued, gold-backed digital currency. Enactment of this legislation would create an option for people to transact business in sound money, set the stage to undermine the Federal Reserve’s monopoly on money and create a viable alternative to a central bank digital currency (CBDC). Sen. […]

The post Texas Bill Would Create State-Issued Gold-Backed Digital Currency first appeared on SchiffGold.

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