Ira Stoll writes here about the intriguing prospect of using Amazon Coins, a medium of exchange produced by Amazon.com, as an alternative to the money that is legal tender — federal “dollars.”

Stoll mentions the unconscionable prosecution of Bernard von NotHaus for the alleged crime of producing silver coins (the US attorney responsible for that prosecution ought to be put on trial) and wonders if our mega-state will allow Jeff Bezos to compete with its money monopoly. He also refers to Hayek’s famous paper in which he advocated the denationalization of money.