Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 606623, member: 3011&quot;]You have to go back a bit in history to understand.&nbsp; When coins were literally worth their weight in gold and silver, and bills were redeemable in those coins, there were no legal tender laws.&nbsp; The legal tender laws came about because of fiat currency.&nbsp; I recall reading the objection that many people had to the original legal tender laws: &quot;If the money is good, why do we need legal tender laws? And if the money isn&#039;t any good, why should we be forced to accept it?&quot;&nbsp; I think you are correct that the ability to pay taxes is probably the ultimate legal tender test.&nbsp; Everything else is put in place for other reasons.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in