On the other hand Bitcoin, unlike those other currencies, is not legal tender for paying debts.
WSJ: The Weekend Interview With Gavin Andresen: Bitcoin vs. Ben Bernanke
It is not a governmental instrument of legal tender that requires regulatory legitimacy and coercion by law in order to gain acceptance.
FORBES: Bitcoin Obliterates 'The State Theory Of Money'
But on rare occasions, living people who are not heads of state appear on legal tender.
FORBES: Living People On Legal Tender
Once the State is removed from the monetary sphere and loses the ability to define legal tender, its power becomes relegated to direct legislative and enforcement measures that do not immorally manipulate a currency.
FORBES: Bitcoin Prevents Monetary Tyranny
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