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by Tabular-Iceberg 1830 days ago
Isn't the whole point of Bitcoin to bypass the entire concept of "legal tender"?
3 comments

There is no centrally defined "point of Bitcoin".
Sounds like you grasp the key concepts of decentralization :)
I think you’re mixing up “fiat currency” with “legal tender”. The former being “money created and backed by the power of a government” and the latter being “money which a government says courts are required to recognise when offered as payment for a debt”.

If we were on the gold standard, gold would be legal tender, even though it isn’t fiat.

no?