The Constitution gives Congress the sole power to coin money and regulate its value. This guy was clearly working outside of constitutional bounds. I just don’t think terrorism was the right charge.
The local currency in Ithaca, N.Y., is called "Ithaca Hours." They are bought with U.S. dollars and can be traded with local shops for products or services. The southern Berkshire region of Massachusetts calls its currency "Berk-Shares" and in Traverse City, Mich., the currency is called "Bay Bucks."
Nothing different than using casino chips.
No it doesn't. It grants Congress power to coin money and prevents state legislatures from doing so. It says nothing about private money or foreign money. Private bank notes and foreign specie were almost the only money available for the first seven decades after the constitution was ratified. The South is called "Dixie" because the most trusted money was issued by Citizens Bank in New Orleans - a bank owned by a French family who printed their notes in French. Dix is the French word for ten.