The Republican Party of Texas (RPT) might add a new clause to the Bill of Rights. This new clause would grant people the right to own, possess, and utilize any kind of medium of exchange they choose, including digital currency.
The clause states that “The right of the people to own, hold and use a mutually agreed upon medium of exchange, including cash, coin, bullion, digital currency or scrip, when trading and contracting for goods and services shall not be infringed.” This will allow them to use crypto, bullion, and scrip for payments, apart from cash and coin.
The clause gives protection to the Texan residents and states that it is their “natural right” to keep, exchange, and store their wealth in the medium of exchange at will. Additionally, it also states that government cannot restrict the people from keeping any form of money or currency.
Despite the concerns by some lawmakers that the crypto industry could overburden the already strained power grid, the Republican state...
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