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Sponsor urges gold‑and‑silver legal‑tender bill as hedge; state groups and businesses urge caution
Summary
Representative Juliet Harvey Bolia told the House Commerce and Consumer Affairs Committee that House Bill 721 would declare gold and silver legal tender and protect small transactions using precious metals as a hedge against inflation and new payment technologies.
Representative Juliet Harvey Bolia told the Commerce and Consumer Affairs Committee she introduced House Bill 721 to classify gold and silver as legal tender in New Hampshire, describing the measure as a bipartisan way to offer residents an alternative store of value and a hedge against inflation and emerging central bank digital currencies.
“This is a bipartisan economic‑justice bill,” Rep. Juliet Harvey Bolia said. She told the committee the bill would let residents transact in gold and silver via contemporary platforms — phone apps and cards that let customers spend a gold‑backed balance — and said she envisions carve‑outs if the state ever adopted a sales tax.
Harvey Bolia cited…
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