Saturday, January 18, 2025

Tag: Action Alert – List of States Where “Money” Is Being Redefined and Non Govt Issued Cryptocurrency Is Being Banned

Action Alert – List of States Where “Money” Is Being Redefined and Non Govt Issued Cryptocurrency Is Being Banned

    0

    from The Conservative Treehouse:

    Last week, South Dakota Governor Kristi Noem broadcast a warning on the Tucker Carlson show about a bill that passed her State House and Senate that she was forced to veto because it changed the definition of money and banned non-govt-issued cryptocurrency like Bitcoin. {Broadcast Warning Here}

    The bill stems from the generally innocuous Uniform Commercial Code (UCC), which Daniel Horowitz describes as, “a set of standards to facilitate interstate sales and commercial transactions such that all definitions pertaining to such commerce are uniform and clearly understood.”  It looks like Horowitz was the first to transmit the public warning, as identified by two members of the South Dakota House Freedom Caucus, and then Kristi Noem became aware – thus the veto.