The legal situation is as follows: legal tender means that if you owe somebody a debt, they must accept that legal tender to pay that debt. It does not mean that people must accept legal tender for any trade. Terms of trade must be agreed by both parties and may have all kinds of rules in them.
So you can do the trade, somehow fail to pay according the terms of trade. Now you owe them a debt. Now you can pay that debt with legal tender.
Legal minds - please correct me if I'm wrong.
M. Dilger /
npub1ac…9p35c
2023-08-27 21:34:12
in reply to nevent1q…h763
Author Public Key
npub1acg6thl5psv62405rljzkj8spesceyfz2c32udakc2ak0dmvfeyse9p35cPublished at
2023-08-27 21:34:12Event JSON
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"content": "The legal situation is as follows: legal tender means that if you owe somebody a debt, they must accept that legal tender to pay that debt. It does not mean that people must accept legal tender for any trade. Terms of trade must be agreed by both parties and may have all kinds of rules in them.\n\nSo you can do the trade, somehow fail to pay according the terms of trade. Now you owe them a debt. Now you can pay that debt with legal tender.\n\nLegal minds - please correct me if I'm wrong.",
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