>>24486216

>is it possible that states have their own way of creating money?

Article I, Section 10, Clause 1:

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.

https://constitution.congress.gov/browse/essay/artI-S10-C1-2/ALDE_00001098/

>>24486229

>would that stop them from doing something like a state bit coin?

The pro-crypto legal argument begins on page 841 (Page 12 of 28 in the pdf). This is from March of 2026:

https://scholarship.law.wm.edu/cgi/viewcontent.cgi?article=2159&context=wmborj

Does Article I of the Constitution Prohibit the States from Creating

Their Own Cryptocurrencies?

III. THE CONSTITUTION DOES NOT PROHIBIT STATES FROM CREATING ALL FORMS

OF CRYPTOCURRENCY, AS THEY ARE NEITHER INHERENTLY MONEY NOR BILLS

OF CREDIT

At their simplest, cryptocurrencies meet neither the criteria for money nor bills

of credit that Article I grants exclusively to Congress.87 By default, a cryptocurrency

lacks inherent value and does not need to be declared legal tender to meet the needs

of consumers of digital assets.