[This article has been published in Restoring America to highlight how loosening regulations on various forms of currency could contribute to economic growth.]

Bitcoin is now legal tender in both the Central African Republic and El Salvador, and there have been talks around a number of other countries that may be preparing to follow suit. Obed Namsio, chief of staff for President Faustin‐Archange Touadera, told Reuters that the move was “a decisive step toward opening up new opportunities for our country.” Could a similar move open new opportunities for the United States as well? Or is there a better option on the table that could help level the playing field for all alternative currencies?