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0 sats \ 2 replies \ @swmtr 28 Dec 2022 \ parent \ on: What prevents you from using BTC/LN for your business? bitcoin
Not sure, where u live, but that makes unfortunately little sense unless it is a legal tender.
Do you really know the meaning of "legal tender"? Seems you don't. So go grab a book and read,
You cannot force a retailer to accept legal tender or indeed any other form of tender.
If, however, you buy something from them and there is no contractual barrier to the use of any form of tender, and you offer legal tender in payment, and they refuse it, then they cannot enforce the debt in court.
That's what legal tender means: IT'S ABOUT DISCHARGING DEBTS.
If you incur a debt you can discharge it with legal tender, but you cannot be forced to incur the debt in the first place, if you see what I mean.
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You don't have to force a retailer to accept anything, but then if the retailer accept something (whatever it may be - bananas) this retailer has some obligation towards the business registration area. For examplpe, as much as you might hate it, the retailer must pay taxes - which are hardly going to be paid in bananas. Unless bananas are considered a legal tender.
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