Let's explore the subject of money. I argue that ALL state-issued currencies and FED-issued FIAT (as well as ALL state or FED-issued precious metal-backed currencies) as well as ALL highly-CENTRALIZED #cryptocurrencies are all UNCONSTITUTIONAL forms of TENDER. They are unconstitutional because they directly undermine individual TRUST. (Fortunately, the impact of each of these forms of tender will be greatly DIMINISHED over time due to the existence of highly-DECENTRALIZED #cryptocurrencies as pioneered by #Bitcoin.)
Let's explore money even further. Consider a key phrase that is imprinted directly on the world's reserve currency. In God We Trust. Regardless of whose God you may trust, if ANY, let's assume for a moment that your ACT of trust alone carries with it some degree of significance, at least according to the FED. YOUR trust is not only 'on the money', but, I argue that your trust IS ALL THAT IS LEFT of the money! Indeed, your TRUST is all that US FED FIAT EVER WAS. In fact, we MIGHT conclude that TRUST is in fact the actual MONEY. With the slow but steady rise of global DECENTRALIZATION (since the dawn of #Bitcoin), individuals are beginning to slowly challenge key assumptions. Food for thought. I suggest that your own personal brand of trust IS ALSO ITS OWN UNIQUE FORM OF MONEY. Specifically, your personal TRUST has as the potential to be fully and uniquely optimized (spent, saved, loaned, and invested) by you DIRECTLY. In addition, your personal TRUST originates from and thus gets 'banked' by YOU from your HEART. Do YOU believe that your personal TRUST has value? If so, what is the UPPER LIMIT of that value? Do you believe that you have the innate ability to TRUST (God given or otherwise)? What is the value of your TRUST in an EXCHANGE? Human beings DO have the ability to originate TRUST from birth and that TRUST does potentially have significant VALUE for an EXCHANGE. You will recognize this as soon as your newborn baby entrusts you with a heartfelt SMILE and your heart warms in acknowledgement. I argue that the VALUE of this exchange is infinite. Moreover, neither the child nor you require ANY state, government, corporation, silver, gold, cryptography or blockchain technology to ‘back’ it.
The exchange of trust
Essentially, there is both TRUST and an ACKNOWLEGEMENT in every exchange. Imagine, for example, that you go to the store with your 'money.' You walk up to the counter with the TRUST that your 'money,' (the money you've worked so hard to earn on its face) is going to have sufficient value to cover the value of the goods and/or services that you need to buy today. That merchant reserves the right to choose to ACKNOWLEDGE (or not) that your 'money' does indeed have sufficient value by agreeing to exchange his or her goods and/or services for your money. Please note that the goods and services are only a feature of the trade as are the digital or physical FED 'monies.’ However, at the HEART of every exchange, I argue that your TRUST is the 'ACTUAL' money while ACKNOWLEDGEMENT is the key to REDEEM it.
Redemption
I argue that ANY state-issued currency or FED issued FIAT (or FED issued non-FIAT) currency (or highly-centralized cryptocurrency) that requires the TRUST of an INDIVIDUAL (by proxy) undermines the OPTION of the individual to fully and directly redeem their TRUST! For that reason, I argue that ALL state-issued currencies or FED issued FIAT currencies and/or highly-centralized cryptocurrencies (including all state or FED issued metal-backed currencies) are ALL UNCONSTITITIONAL forms of tender as they undermine our INDIVIDUAL gift. Individual trust, I argue, is protected under the 10th Amendment. What's wrong with much of our economy is that the TRUST transaction is INDIRECT. Imagine, if you will, that you only received word of your baby's smile, as intended only for your eyes (by proxy) through the delivery nurse. Consider that some meaning MAY have been CHANGED and/or lost. Or, you may not have received word of that smile AT ALL for any number of reasons.
Legal tender
#Bitcoin, along with a handful of other 'peer to peer' and highly-decentralized cryptocurrencies are NOW due recognition by the marketplace as FULL AND LEGAL TENDER. As things stand today, these kind of currencies offer the GREATEST potential by FAR to help the individual exercise the OPTION to more fully and directly redeem their own personal brand of TRUST. In addition, this is made possible due (in no small part) to these cryptocurrencies open-source, borderless, transnational and distributed features. Let's act NOW in order to protect and preserve a healthy and robust free and open market.