[Tagging] Feature Proposal - Voting - Payment denominations

Mark Wagner mark+osm at carnildo.com
Tue Oct 11 19:08:36 UTC 2022


On Sun, 9 Oct 2022 17:08:46 -0700
stevea <steveaOSM at softworkers.com> wrote:

> At least in the USA, using currency (required to be accepted) isn't
> like barter (doesn't have to be accepted):  we even have a notation
> on each and every "Federal Reserve Note" (the debt instruments used
> in the USA as paper currency, often called "cash") which states:
> "This note is legal tender, for all debts, public and private."

There's a subtle point you're glossing over here: that wording only
applies to *debts*.

What counts as a debt has a fair bit of grey area.  Paying off a loan?
Indisputably a debt, they're required to take it.  Purchasing a soda
from a vending machine?  Indisputably not a debt, they can place
whatever restrictions they want.  In between is the fuzzy area.  For
example, is paying for your restaurant meal settling a debt?

-- 
Mark



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