Comment by qubex
1 day ago
And they send them back.
How do you think currencies are established? By accepting chickens and cows in lieu of legal tender? That’s precisely the meaning of legal tender. This is the exact analogue thereof: information is required as value is required, information and value are required in a mandated standardised form, other forms are rejected a priori.
Currencies are established by force (taxation backed by militaries and police)
Sure, the government could force a format change if they really want to.
Ultimately, yes: governmental actions are backed by force in the case of noncompliance.