Post
Topic
Board Bitcoin Discussion
Re: Support U.S. HR 1098 Free Competition in Currency Act
by
Denicen
on 15/07/2011, 00:00:10 UTC
I think you should be clear: using/possessing bitcoin right now is not a legal grey area, it is very clearly legal.

not necessarily true for merchants.

Merchants are allowed to accept alternative currencies/other stuff in exchange for services/goods, but they HAVE to accept USD by law.

This isn't completely accurate. You only have to accept USD from someone who owes you a debt.