legal tender

  1. pmbug

    ChatGPT: Competing Currencies?

    What do you think the short, medium and long term effects would be if Ron Paul's Competing Currencies bill were to be enacted today?
  2. pmbug

    IMF warns countries not to make crypto legal tender

    In the wake of several countries granting Bitcoin and TRON legal tender status, the IMF came up with a paper describing "effective policies for crypto assets". Number 1 element is a warning...
  3. pmbug

    Próspera, Honduras - private charter crypto city

    More: https://bitcoinmagazine.com/culture/pr%C3%B3spera-bitcoin-legal-tender-explained https://en.wikipedia.org/wiki/Pr%C3%B3spera https://www.reuters.com/world/americas/honduran-congress-unanimously-nixes-special-economic-zones-2022-04-21/ So they repealed the law that allowed for the...
  4. pmbug

    Brazil allows tax payments in crypto

    https://www.thestreet.com/crypto/news/brazilians-can-now-pay-taxes-in-crypto
  5. pmbug

    Nigerian Central Bank makes a mess with new currency notes

    https://www.msn.com/en-xl/africa/other/misdirections-at-the-central-bank-of-nigeria/ar-AA178NHW They apparently didn't print enough of the new notes to meet demand by a hard deadline for eliminating the old notes. Funny fiat fumblerooski!
  6. pmbug

    Dominica and St Maarten to adopt Tron as legal tender

    https://cointelegraph.com/press-releases/member-of-st-maartens-parliament-initiates-law-to-adopt-tron-as-legal-tender
  7. pmbug

    Central African Republic made Bitcoin legal tender

    I missed this story back in April of last year: https://www.bbc.com/news/world-africa-61565485 I'm guessing that CAR was hoping to attract foreign investment with the move.
  8. pmbug

    Zimbabwe made gold coins legal tender

    How did I miss this story!?!? October 2022 (emphasis mine): https://www.africa.com/imf-believes-zimbabwes-gold-coins-are-a-missed-chance-to-build-the-nations-gold-reserves/ This looks like Ron Paul's competing currencies bill in action, but on a limited scale/basis. December 2022...
  9. pmbug

    El Salvador Makes Bitcoin Legal Tender

    https://www.forbes.com/sites/roberthart/2021/06/09/el-salvador-makes-history-as-worlds-first-country-to-make-bitcoin-legal-tender/ El Salvador dropped the bomb. Wow.
  10. S

    Individual US States push for gold and silver legalization

    Any Utahns here at pmbug? How is it going? Do Utah coin dealers profit from this?
  11. pmbug

    Ron Paul and HR 1098: Free Competition in Currencies

    It seems painfully obvious to me that given events that are shaping the future for the US Dollar, we are headed for a currency crisis. Most pundits in the financial media, at least the ones who dare to discuss this topic, usually point to two options - default on the debt or monetize the debt...
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