Supporting a foreign currency is not the answer.
Currently, there are seven US states with existing laws granting legal tender status to foreign currencies that have legal tender status within their foreign borders. These states are Texas, Louisiana, Florida, Oklahoma, Tennessee, Alaska, and Arkansas.
Once a foreign country gives legal tender status to a secure, stable, functional, transparent, and legitimate gold-backed monetary system within its territory, it will have de facto legal tender status in these seven US states. Many friendly nations will soon have a solution to offer these seven states who are well-positioned to catch that wave when the opportunity presents itself.
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