New here?
Create an account to submit posts, participate in discussions and chat with people.
Sign up
45
Texas recognizes Gold and Silver as legal tender (media.scored.co)
posted 10 months ago by Zrupsloohg on scored.co (+0 / -0 / +45Score on mirror )
31 comments
Permalink
Mirrored from scored.co
You are viewing a single comment's thread. View all
13
Zrupsloohg on scored.co
10 months ago 13 points (+0 / -0 / +13Score on mirror ) 2 children
Ignoring the logistical nightmare for minimum wage cashiers to determine the exact value and authenticity of precious metals, anything that loosens the dollar's global grip should be a net positive. However, the fact this came from top goy Abbott makes me wonder if this somehow slipped by his masters, or if it's laying the groundwork for collapse or something else. I'm not convinced the dollar will ever be allowed to collapse, because it would arguably benefit the self-sufficient and harm parasites. Will this decision receive pushback or will it just be ignored and lead to nothing? I assume the latter, because nothing ever happens.
Permalink Reply
Mirrored from scored.co
7
Vlad_The_Impaler on scored.co
10 months ago 7 points (+0 / -0 / +7Score on mirror ) 1 child
They have machines that work well in identifying authentic gold.

They cost about $2,000

That sounds like a lot but credit card processors charge 2-3% of every single credit card transaction, meaning credit cards cost businesses way more money to accept as payment. Also, businesses have to pay extra money to process and verify checks.

The sigma metalytics gold verification machines are about the size of a credit card terminal. https://www.sigmametalytics.com/
Permalink Reply
Mirrored from scored.co
3
Captain_Raamsley on scored.co
10 months ago 3 points (+0 / -0 / +3Score on mirror )
Yeah this could actually be pretty based and useful law, especially with silver.
Permalink Reply
Mirrored from scored.co
6
ERpilled on scored.co
10 months ago 6 points (+0 / -0 / +6Score on mirror ) 1 child
it shouldnt be hard tbh they could be minted so it says the weight in them. people wouldn't accept brands that are known to not say the proper amount.

it was probably allowed to happen because nothing will happen as people already perceive dollars as money. in the past people tried to reject the dollar and they made gold illegal.
Permalink Reply
Mirrored from scored.co
1
Vlad_The_Impaler on scored.co
10 months ago 1 point (+0 / -0 / +1Score on mirror )
Security Features on Coins Currency and Bullion
https://www.boldpreciousmetals.com/blogs/security-features-on-coins-currency-and-bullion
Permalink Reply
Mirrored from scored.co
Toast message