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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.28-0.7%Dec 31 4:00 PM EST

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To: TobagoJack who wrote (168288)2/10/2021 11:36:36 AM
From: Horgad  Read Replies (1) of 218870
 
"What will they try against bitcoins ?"

They already have laws on the books that they can conceivable leverage against bitcoin. Depending on how liberally they are interpreted. There is specific law written for metal coins, but also they would like to believe that having the power to coin money implies having the sole power...

"Under 18 U.S. § 486, it's a criminal offense to make or pass any metal coins "intended for use as current money, whether in the resemblance of coins of the United States or of foreign countries, or of original design."

This prohibition arguably applies to paper money as well. Article 1, section 8, clause 5 of the U.S. Constitution gives Congress the power to coin money and regulate its value. The Justice Department believes this gives the federal government the "concurrent power to restrain the circulation of [private] money."

blogs.findlaw.com
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