Friday, October 21, 2011

Legal Tender? Maybe Not, Says Louisiana Law

"Lousiana has passed a law that says people may no longer use cash for second hand transactions. The idea is to make all transactions traceable, thus foiling copper theft, etc. This move has profound implications that range from constitutional rights to Bitcoin, Craigslist and so forth; I wonder if there are any Slashdotters at all that support such a move." On the list of exceptions: people who deal in used goods or "junk" less frequently than once per month, and (drumroll, please) pawn shops. That means a pretty big chunk of the population who post in online classified ads in Louisiana are probably already in violation.
I was hesitant to post this, since it seemed so crazy that it had to be either made up or exaggerated.  But it appears to be real.  Also, note it was signed on July 1st.

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