this post was submitted on 06 Sep 2025
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Yes, because federal reserve notes (aka fiat currency) wasn't a thing when the basic frameworks were established. Hell, it was just straight up fraud that created it, the problem just got out of hand and so they put a bandaid on the problem... It's a fundamentally nonsensical system
There's probably tons of unpatched laws that don't take this into account, or even explicitly carve this out
Our laws are a crazy mess