For some, money is a natural outcome of free market choices. Gold, for example, rose to the top of the heap as a medium of exchange and later as a reserve for money, because it possessed all the qualities necessary for money. Not one fiat currency has ever held its value over time, unlike gold. Even the money issued by the paramount free market economy has not held its value. Since the institution of our central bank in 1914 (The Federal Reserve), a dollar in 1914 is now worth about 2 ½ cents. On July 18, 2025, the Genesis Act was passed, establishing for the first time regulatory guidelines and legitimacy for the issuance of a cryptocurrency, which is likely to have broad implications for the financial system.