California makes Bitcoin Legal Tender

[sirslayer]

hummmm i live in california and this is news to me...

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[1714681132]

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[GreenStox]

hummmm i live in california and this is news to me...

I`m not sure what legal tender means but in my country stuff like gold and silver is a commodity, and only the local currency is allowed.

So bitcoin is kind of a new thing everywhere.

[zetaray]

The bill enables businesses to accept currencies other than US dollars as payment. This includes foreign currencies and cryptos. This is not legal tender. Legal tender means shops are legally required to accept other currencies. This is not the case.

[NewLiberty]

The bill enables businesses to accept currencies other than US dollars as payment. This includes foreign currencies and cryptos. This is not legal tender. Legal tender means shops are legally required to accept other currencies. This is not the case.

The Bill made it "Lawful Money" not legal tender.  As you have said, the difference is vast.
California in our predilection for totalitarianism had unique legal environment in the USA that forbids all trade unless it uses lawful money.

So this legal stupidity has been repealed and replaced with slightly less stupid laws.
http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB129

[hingleMC]

now that the government says so

I shall now begin, for the first time ever,

thinking of bitcoin as currency

[Mikestang]

hummmm i live in california and this is news to me...

Me too, first I've seen of this.  Time to read up and see how it got past me!

[bitcoinlist]

Weed then BTC, Cali is always ahead of its own time

Actually Colorado and Washington are ahead of California in terms of weed.  California still doesn't allow recreational use of it, you still need a red card.