2 ms·
If its only taxes that are forced on us, why then do US notes say that they're legal tender for all debts public and private. That sounds like force to me: I ma
by jkepler 6y ago
If its only taxes that are forced on us, why then do US notes say that they're legal tender for all debts public and private. That sounds like force to me: I may want payment in bitcoin or Swiss francs or whatever, but if the payee wants to pay me in USD in the USA, am I free to refuse their payment as non-valid? Or am I forced to accept Federal Reserve Notes?
- dane-pgp 6y ago> if the payee wants to pay me in USD in the USA, am I free to refuse their payment as non-valid? Yes. Legal tender for debts only means that you have to accept the notes if you have issued credit to the payer. For example, if they ate at your restaurant and came to settle the bill, they would owe you the amounts printed on the menu for the items that they ordered, but if they came into your cheese shop and wanted to buy some Swiss cheese, you could choose to only carry out the transaction if they paid in Swiss Francs.