Comments by "Digital Nomad" (@digitalnomad9985) on "Can a Store Refuse to Let You Pay in Cash? Lehto's Law Ep. 5.88" video.

  1. Vending machines at my work say "prices listed are with a 5c discount for cash, full price is 5c more paid by card". That's not a direct quote, but the gist. Now I know why!
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  2. Current exchange rate Nov 25, 2019 is 1.33 Canadian for 1 USD. When I went to Canada businesses wouldn't accept USD, and why should they? But some Canadian coins get passed, I get them in change from the convenience store every once in a while, and I don't notice the difference (they are of similar size) till the vending machine at work spits them out. If you talk them into accepting them one for one, you are cheating them. What are they supposed to do with them? Unless they keep a separate money drawer for Canadian currency, it is not practical for them to deal with them. If they put them in the coin drawers with the US coins, as you seem to suggest, somebody is going to get burned, like me not being able to get something to drink when I should have had enough change.
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  3. "Like a teen is going to forge a fake $1, " A teen doesn't have to forge a fake bill to pass one. They'd still be stuck with it.
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  4. I know there was a limit at one time but I think that has been repealed. The limit was passed right after they got rid of silver certs in exchange for greenbacks (FDR admin maybe?) to prevent greenbacks being replaced by metals as money. I think it was repealed in the Reagan years, when they decided that fiat money was no longer threatened by metals.
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  5. Bought my last 2 cars with a personal check from my checking account. Used cars.
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  6.  @paulh2981  "the key is what "legal tender" means. " Yes, and you've got it wrong "It means that it's legal to offer the currency notes as payment. " That is absurd. It is always legal to offer anything (except contraband) as payment. LEGAL tender is what the creditor is required to accept. "Laws aren't printed on money, they're printed in official law books along with the specific penalties that may be imposed for violating those laws." Yes, and the requirement to accept greenbacks as payment for debts is what the law does say. For heaven's sake, are you too lazy to google "legal tender definition"? https://www.investopedia.com/terms/l/legal-tender.asp https://www.merriam-webster.com/dictionary/legal%20tender https://en.wikipedia.org/wiki/Legal_tender Nothing worse than an ignorant pedant.
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