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To: dinodino
Fair enough — but there’s a difference between accepting something as legal tender and adopting it as a currency. Most places that accept cryptocurrency are likely to be those areas where they get a lot of tourists who use a different “home” currency. And any business establishment that accepts a cryptocurrency for transactions is still required to document all of their financial records in their home currency for tax purposes.

So those places you describe probably operate just like regions along the USA-Canada border that accepts both currencies and do conversions on the spot based on the currency trading values for the day.

32 posted on 12/31/2022 9:56:46 AM PST by Alberta's Child ("It's midnight in Manhattan. This is no time to get cute; it's a mad dog's promenade.")
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To: Alberta's Child

You are 100% incorrect. Please see the list of countries which have adopted BTC as native currency, and the residents are using Bitcoin over LN for retail transactions. I have a Lightning wallet on my phone and use it for retail transactions…no different buying a pint with BTC than tapping a credit card.


35 posted on 12/31/2022 10:07:56 AM PST by dinodino ( )
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