Quote from: natd on December 07, 2013, 01:59:39 PM

Quote from: Ibian on December 07, 2013, 01:30:19 PM

Quote from: invisiblehand on December 07, 2013, 01:08:55 PM

Can't businesses accept BTC at "market price" like restaurants sell fish

I think that would be a viable solution

Nothing theoretically wrong with that, question is if it's legal.

In the US, according to FinCEN Final Rule, it's legal to use it "to purchase real or virtual goods or services" and doesn't require licenses. However, if I'm a store and accept your BTC, I suppose I cannot sell the BTC, I'd have to use it to buy something as well, as to sell a virtual currency requires a money transmitter license.

Caution note: I'm not a lawyer, just a law student. Please for real business use, you should consult your legal counselor.