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Yeah you're right. I'm fairly certain also that it's legal for private businesses / individuals to accept and sell other forms of money. Only when it comes to t
by noclique 14y ago
Yeah you're right. I'm fairly certain also that it's legal for private businesses / individuals to accept and sell other forms of money. Only when it comes to tax payment must you use the State issued currency or suffer repercussions. However we're reminded by Gresham's law that money overvalued by government will tend to drive out money that is not.
- aidenn0 14y agoAt least in the US, you are also required to take dollars for discharging debt; you could refuse bitcoin if you wanted to, but not cash.