Yes, because federal reserve notes (aka fiat currency) wasn’t a thing when the basic frameworks were established. Hell, it was just straight up fraud that created it, the problem just got out of hand and so they put a bandaid on the problem… It’s a fundamentally nonsensical system
There’s probably tons of unpatched laws that don’t take this into account, or even explicitly carve this out
Does it make sense? I’m not following their logic (which is normal for these)
Yes, because federal reserve notes (aka fiat currency) wasn’t a thing when the basic frameworks were established. Hell, it was just straight up fraud that created it, the problem just got out of hand and so they put a bandaid on the problem… It’s a fundamentally nonsensical system
There’s probably tons of unpatched laws that don’t take this into account, or even explicitly carve this out
Our laws are a crazy mess