logoalt Hacker News

bigfishrunningyesterday at 8:09 PM1 replyview on HN

If everyone has to accept cash, then everyone has the same costs and the point is moot. At any rate, courts are required to accept legal tender, and I think that requirement ought to extend to businesses as well.


Replies

angoragoatsyesterday at 10:25 PM

> At any rate, courts are required to accept legal tender

Assuming you’re talking about the US here: there is no such requirement, at least not at the federal level. Individual states may have their own laws, but see for example this notice [0] from a Texas federal court that they will no longer accept cash as of May 21, 2021.

[0] https://www.txnb.uscourts.gov/news/notice-court-will-no-long...