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>How long will your corner store survive if the IRS found out you were processing transactions in your own currency? Offering someone credit in USD isn't makin
by snitty 2y ago
>How long will your corner store survive if the IRS found out you were processing transactions in your own currency?
Offering someone credit in USD isn't making your own currency. The closest widespread version of that are community currencies[0], which the US doesn't seem to particularly care about -- I'm guessing because they're generally pegged to the dollar and promote local economies.
[0] https://en.wikipedia.org/wiki/List_of_community_currencies_in_the_United_States https://en.wikipedia.org/wiki/List_of_community_currencies_i...