There is no universally accepted definition of “legal tender”. Arguably, if a country merely says a currency is legal tender, it is.
(It certainly has nothing to do with forcing people to accept it… most legal tenders aren’t forced on merchants.)
That’s why I’m curious if El Salvador explicitly said bitcoin won’t be legal tender anymore. Sounds like they didn’t say that, then?
the govt of El Salvador will be prohibited from accepting Bitcoin. that's explicit in the draft agreement
also, the 2021 law explicitly called Bitcoin legal tender. that wording has been changed to say something akin to Bitcoin is legal
finally, the IMF and other international organizations will not recognize it as legal tender now, most never did to be fair but there was a path before
Was anyone paying their tax in bitcoin? Was it even possible, really? (Genuine question; I know they said it would be, but are there any examples of this?)
nostr:npub1c8cp58lhn4vte3q2fejp7luqczx7u0njk5h0p0hry3atflk7g2hqc7xzqk has his Bitcoin business incorporated in ES. I heard him in a podcast saying that his business has no bank account at all because they don’t need it, Bitcoin is (was?) enough.
well, paying the tourist tax to enter the country with Bitcoin has become a meme
and I paid my residency application fee with Bitcoin
so the govt def was (will for up to 90 days more) accepting Bitcoin as payment for some things
I'm unsure if all taxes/ govt fees were able to be paid in Bitcoin, but at the very least if they were not the plan was to move toward accepting
