They're removing all restrictions on settling contracts. You can settle in chickens if you want.
No way they'd be able to justify prohibiting settling contracts in ETH if you can settle in chickens. It's a libertarian government.
In a free market, what do you think wins?
reply
Who do the restrictions apply to? Creditors or debtors? The way this is expressed makes it appear that creditors must accept any currency in repayment of debt, which would mean having to accept eth if someone owed you money.
reply
Certainly not. They're repealing forced legal tender laws, the laws that force people to accept fiat. Without those laws private entities can choose to accept whatever.
reply
My understanding is a creditor can accept whatever they wish and settle any debt any time they choose.
reply