State Chapters > Florida

Florida Governor Ron DeSantis Introduces State Legislation Banning CBDCs

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Smokin Joe:

--- Quote from: Kamaji on March 21, 2023, 05:28:14 pm ---Not sure if a state has that authority when it comes to a currency issued by the U.S. federal government.

--- End quote ---
Why not? Some businesses refuse cash, even though it says "This note is legal tender..."

Kamaji:

--- Quote from: Smokin Joe on March 22, 2023, 10:48:32 am ---Why not? Some businesses refuse cash, even though it says "This note is legal tender..."

--- End quote ---

Because it is a state decision, not a private business decision.  The state’s decision interferes in private decisions.  It could be easily subject to a dormant commerce clause objection. 

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