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Thats not totally correct. Legal tender and forced tender are separate. Legal tender status woukd allow you to pay taxes or outstanding debts in bitcoin, but on the other hand there is nothing illegal about accepting coffee beans for painting someones house right now, but you arent required to accept them.

Forcing someone to accept a specific currency (that lets say they dont want) sounds like authoritarianism to me.

orangedog 2y ago

then I suppose forced tender would be a nations fiat currency..

$ in USA

pounds in UK

yen in Japan

etc etc

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Joe 2y ago

No actually. you are not forced to acceot dollars in the usa, as weird as that sounds. Of course you do have to pay taxes in it, so one way or another you need dollars. Butnif you walk into a store and they say they dont acceot dollars, that is not illegal. Legal tender is about public and private debt, not buying coffee.

orangedog 2y ago

yes but ‘legal’ and ‘practical for life’ are different things

I can be the guy who refuses on moral grounds to accept dollars

but I wouldn’t sell many burgers that way

Joe 2y ago

Yes but yiu wont get charged with a crime...thats the distinction with legal tender and forced tender

orangedog 2y ago

Gotcha