See: US Treasury Approves President Trump’s Plan To Phase Out All Paper Money in Favor of Crypto, Gold Coins
By the terms of our Constitution, Congress is vested with exclusive power to coin money and regulate the value thereof, [not our U.S. Treasury]. Using that authority Congress defined the dollar under the Coinage Act of April 2, 1792 SECTION 9
The days of pulling a crumpled $20 bill out of your wallet may be numbered. The U.S. Treasury has officially greenlit a sweeping monetary overhaul that will replace all paper currency with a combination of government-issued cryptocurrency and physical gold coins by 2027.
By the terms of our Constitution, Congress is vested with exclusive power to coin money and regulate the value thereof, [not our U.S. Treasury]. Using that authority Congress defined the dollar under the Coinage Act of April 2, 1792 SECTION 9
Trump's love affair with cryptocurrency is a love affair with fake money.SEC.9. And be it further enacted, That there shall be from time to time struck and coined
at the said mint, coins of gold, silver, and copper, of the following denominations, values
and descriptions, viz. Eagles—each to be of the value of ten dollars or units, and to
contain two hundred fort-seven grains and four eighths of a grain of pure, or two hundred
and seventy grains of standard gold. Half eagles—each to be of the value of five dollars,
and to contain one hundred and twenty three grains and six eights of a grain of pure, or
one hundred and thirty five grains of standard gold. Quarter Eagles—each to be of the
value of two dollars and a half dollar, and to contain sixty one grains and seven eights of
a grain of pure, or sixty seven grains and four eights of a grain of standard gold. Dollars
or the same is now current, and to contain three hundred and seventy-one grains and four
sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver,
Half Dollars—each to be of half the value of the dollar or unit, and to contain one
hundred and eighty-five grains and ten sixteenth parts of a grain of pure, or two hundred
and eights of a grain of standard silver. Quarter Dollars—each to be of one fourth the
value of the dollar or unit, and to contain ninety-two grains and thirteen sixteenth parts of
a grain of pure, or one hundred and four grains of standard silver. Dismes—each to be of
the value of one tenth of a dollar or unit, and to contain thirty seven grains and two
sixteenth parts of a grain of pure, or forty one grains and three fifth parts of a grain of
standard silver. Half Dismes—each to be of the value of one twentieth of a dollar, and to
contain eighteen grains and nine sixteenth parts of a grain of pure, or twenty grains and
four fifth parts of a grain of standard silver. Cents—each to be of the value of the one
hundredth part of a dollar, and to contain eleven penny-weights of copper. Half Cents—
each to be of the value of half a cent, and to contain five penny-weights and half a penny
weight of copper.