Free Exchange Act (Failed) (user search)
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Author Topic: Free Exchange Act (Failed)  (Read 2058 times)
Bacon King
Atlas Politician
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*****
Posts: 18,833
United States


Political Matrix
E: -7.63, S: -9.49

« on: December 06, 2014, 11:55:51 PM »

I find this law to be unnecessary- it's already perfectly legal to use alternative currencies for the purchase of goods and services, and vendors can legally refuse payment in USD before the final point of sale (i.e. before a debt is owed). Even when multiple currencies exist it's necessary to have a legal tender for private debt in order to prevent ambiguity (i.e., when you're done eating at a restaurant and you owe them a debt - in the form of a check - legal tender laws prevent the owner from forcing you to pay in bitcoins)
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Bacon King
Atlas Politician
Atlas Icon
*****
Posts: 18,833
United States


Political Matrix
E: -7.63, S: -9.49

« Reply #1 on: December 14, 2014, 05:12:55 AM »

Second motion for final vote
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Bacon King
Atlas Politician
Atlas Icon
*****
Posts: 18,833
United States


Political Matrix
E: -7.63, S: -9.49

« Reply #2 on: December 16, 2014, 01:00:37 PM »

Nay
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