Oddbean new post about | logout
 So, as you can already accept Bitcoin as a merchant in many other countries where it is not legal tender - what's the big deal here? 
 It's a big deal. Just one month ago before Milei took office, my uncle could not sign a rental contract denominated in USD, the notary public refused because USD is not legal tender here. Only the ARS shitcoin.  

We're not talking about mom and pop shops accepting bitcoin (as great as that is) but the ability to enforce all kinds of contracts in other currencies or commodities. 
 I wonder if anyone will denominate a contract in sats. Imagine if a long term work contract denominated your salary in sats. 🚀 
 Hoping that will start to happen!  

And if some lunatic wants to denominate it in Shiba Inu, they should also have the choice.

Getting rugged is a human right!