Nice illustration
Via ZH:

Lawmakers in California have introduced a bill to allow cannabis-related business to pay fees and taxes in stablecoins. The bill was introduced by the California State Assembly on Feb. 21.

If we had a constitution, this would be strictly and PRIMA FACIE unconstitutional.

The obsolete never-used 1787 document says:

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

Every word and phrase of the document is routinely violated unless the subject is obsolete. This section is an excellent illustration.

1. States enter into treaties with other countries all the time.

2. Letters of marque are obsolete, so nobody bothers to violate this phrase.

3. Coining money is exactly what California is trying to do.

4. States emit bills of credit all the time.

5. Making any Thing but Gold and Silver a Tender is universal. In fact gold and silver are NOT recognized as Tender.

6. Most "laws" are bills of attainder, designed to punish one particular person or corporation.

7. Many modern "laws" are ex post facto or retroactive.

8. Many "laws" cancel contracts, when the canceling benefits an aristocrat.

9. Titles of nobility like Duke and Count are obsolete, but hereditary aristocrats still own all the legislatures and write all the "laws".

= = = = =

Running a country without a written constitution isn't bad. Many countries do it successfully. Our problem is that we criminally claim to be USING the written constitution, but in fact we only USE one or two sentences, and we use them ONLY when they benefit the hereditary aristocracy.

Some departures from the written document are necessary and good. Some are bad.

California's proposal is both at once. States and localities sometimes NEED to issue private currency, as happened in the '30s with scrip. On the surface this proposal looks like scrip, EXCEPT that "stablecoin" is NOT A FORM OF PAYMENT AT ALL. Scrip was preprinted checks without the intervention of a bank. Scrip was an efficient and trustworthy way of transferring value. Bitcoin is not like checks. Bitcoin is a fraud that makes a handful of people rich while assisting NSA's surveillance of the economy.
  ¶ 12:53 AM