In Texas, gold and silver will be accepted for payments in 2027, but there's a catch.
You will have to deposit it at the Texas Bullion Depository in Leander. You will then be issued digital credits or somesuch on a digital wallet.
Sure this is convenient. How else are going to use gold for transactions?
But isn't it lovely how the state ends up with all the gold and silver and you once again have fiat?
They will have the wealth, and you will have permissioned tokens.
Personally, I am fine with giving them the shiny rocks, but think about this with bitcoin. How can you spend it so it doesn't end up in the government coffers (which is what will happen if you spend it at wal-mart) and your decision making remains free from govt intervention?
William ₿ Travis
npub18w…5re2x
2026-01-29 13:08:58 UTC
Author Public Key
npub18w8307u2nux8dx6cr88net4rjg4xs3x57lmksjhdnajhrwexherq75re2xSeen on
wss://relay.primal.netPublished at
2026-01-29 13:08:58 UTCEvent JSON
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"content": "In Texas, gold and silver will be accepted for payments in 2027, but there's a catch.\n\nYou will have to deposit it at the Texas Bullion Depository in Leander. You will then be issued digital credits or somesuch on a digital wallet.\n\nSure this is convenient. How else are going to use gold for transactions?\n\nBut isn't it lovely how the state ends up with all the gold and silver and you once again have fiat? \n\nThey will have the wealth, and you will have permissioned tokens.\n\nPersonally, I am fine with giving them the shiny rocks, but think about this with bitcoin. How can you spend it so it doesn't end up in the government coffers (which is what will happen if you spend it at wal-mart) and your decision making remains free from govt intervention?",
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