Post
Topic
Board Press
Re: Bolivian Central Bank Reportedly Bans Digital Currencies Like Bitcoin
by
db
on 20/06/2014, 21:45:31 UTC
Someone pointed out to me that "legal tender" means that debt can't be settled with it. Even gold and silver wouldn't necessarily be considered to be legal tender.

It only means debt can't be settled with it against the creditor's will. Unless there is a contract saying it can. Debts can be settled in anything the parties agree on.