Yes but yiu wont get charged with a crime...thats the distinction with legal tender and forced tender
Yes its very convenient lets say, but not forced as in illegal to not accept.
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.
Legal tender basically means it can be used to oay taxes or private debt, like in a court of law. It doesnt mean other moneys not designated as legal tender are illegal to use. El Salvador is a little fuzzy because it is legally forced tender, but with ways out of accepting (not having tech) or being able to instantly transfer to dollars. But in theory i dont like the idea of forcing anything on anyone
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.
How many takes? 😂
What is the actual advantage of legal tender status? It is already legal to use for payments between willing parties...
I know the feeling. Happens everytime I come here. At least half the time I end up finding a way to extend my trip by a few days.
I never posted much on Twitter. Just didnt feel comfortable about it. The feeling has only gotten stronger since Nostr where I feel much more comfortable posting.
Zaps 4 feet
Apparently bitcoiners are peaceful
Thank you all for what youre doing 🙏
Really?