Alt currency first step to protect states rights

[Bungeebones]

One of the first things our newly formed nation did was to establish its own money system. Edwin Vierra has done a masterful piece on the history of the "dollar's" adoption as our unit of currency. To me it really shows how far our mental capabilities as a nation have deteriorated particularly when he talks so basically as to point out that a Federal Reserve Note is not a dollar.

So what I see opening up for Bitcoin is some awesome potential that could be embraced by states as a hedge against Federal systemic risk and failure (and control too I might add). First, Fincen basically handed the regulation of Bitcoin over to the states. That was great news in my opinion but so many of the Bitcoin "concentrators" bent on making Bitcoin as centralised as they can started lamenting on how difficult it was for them to go around to all the fifty states and get licensed in each. Well poo hoo, but that is one of the last remaining vestiges of states rights that are left .

So we need to start contacting state representitives and plant the seed of using Bitcoin to protect their sovereignty. It wouldn't take much in the way of state legislation to make it happen as far as I can see. Most of the states have their own money transmission laws and could make a few extra lines to streamline the process for Bitcoin companies.

Any state with even an inkling of a secessionist movement would seem like a no-brainer as someone that would want to establish Bitcoin within their borders. Tie that in with gold and silver dealers and they have a 1-2 punch of currency better than anything we have now.

[Indy Vidual]

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