Found an interesting article today coming from Spain, it says that someone contracted a debt with another private party, it was a simple two-guy debt setting without a legal agreement other than Whatsapp messages. "I need X amount of money, I will pay you back". The creditor accepted and so sent 0.58 BTC to this guy which eventually refused to pay back. What's interesting is that for the first time ever the judge said the debt plus interest must be paid back in Bitcoin, not the fiat currency (EUR in Spain). Due counterparty risk, he will have to pay more since by the time the agreement happened the price of Bitcoin was cheaper, specifically, 14.000€ at current rate, 5.900€ back then. It's one of those things, you may take advantage of the fluctuating price or you may have to pay more. At the end of the day this is positive for BTC since it is being considered as a viable way to settle debts between private parties by authorities, which always translates into better regulation and in general being looked like less of a dodgy guy when you liquidate it into a bank deposit.
Source:
https://es.investing.com/news/cryptocurrency-news/juzgado-en-espana-ordena-devolucion-de-prestamo-en-bitcoin-no-en-euros-2401286not really a precedent
its much the same as
"this guy stole my lawnmower"
judge: "give him back his lawnmower"
not all compensations/debts/thefts/frauds or orders to honour loans/agreements/returns need to be honoured in fiat
but still. atleast it shows that spanish judges accept bitcoin as a item of value that needs to be returned as is in the same condition as it was taken(plus extra for inconvenience caused). rather than some judges just dismissing cases thinking its two kids fighting over monopoly money
But for the fact after he stole the lawnmower and lost it over the years and now he has to buy a new one for him at 300% price.
Jokes aside, it's kinda cool to see the judge supporting the usage of bitcoin and not considering the fiat price of it.