| ▲ | ceejayoz 7 days ago | ||||||||||||||||||||||||||||||||||||||||||||||
> A lot of shops, restaurants, and other establishments have stopped accepting cash, even if it's illegal to do so (legal tender etc). No. This is a misunderstanding of legal tender. https://www.federalreserve.gov/faqs/currency_12772.htm "There is no federal statute mandating that a private business, a person, or an organization must accept currency or coins as payment for goods or services. Private businesses are free to develop their own policies on whether to accept cash unless there is a state law that says otherwise." Legal tender only applies to debts. When you go to buy a t-shirt at Target or a burger at McDonalds, you don't owe a debt, and they aren't a creditor. | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | Tor3 6 days ago | parent | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
As I wrote elsewhere: You're seeing this from inside the USA. USA is not the world. What's translated as "Legal tender" when wanting to write in English is just the closest term. That doesn't mean that your local definition of legal tender then applies. Cash, to be specific, must be accepted as payment (with certain limited) exceptions, in my country. And still some places will refuse it. They even accept paying fines now and then because of it. | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | SJC_Hacker 6 days ago | parent | prev [-] | ||||||||||||||||||||||||||||||||||||||||||||||
> egal tender only applies to debts. I used to think that was true, but try paying parking fines, etc. with pennies. Legal tender has never been challenged in court to my knowledge | |||||||||||||||||||||||||||||||||||||||||||||||
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