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Re:Is it legal to mix cash in a jar? How is Bitcoin mixing a... by Verdex on Tuesday November 21, 2023 @07:34PM (#38372822)
The legal system exists to prevent people from using violence to solve their own problems. A very powerful third party arbitrating helps keep things relatively civil.

If you did find a bug, then society needs to patch it. And that's to desirable outcome.

The undesirable outcome is that someone sends a ninja into your house at 3am to manually patch the bug.

Re:Is it legal to mix cash in a jar? How is Bitcoin mixing a... by SpicyLemonZest on Tuesday November 21, 2023 @09:32PM (#38373911)
What's much more common than either of those is that the bug isn't fixed and it's no big deal.

For example, there's a widely known bug in the definition of "legal tender". It doesn't vary based on the size of payment to be tendered, so in a sense, you're entitled to pay a $10,000 bill in the form of 250,000 quarters unless you've specifically agreed otherwise. Every once in a while someone tries to exploit this (recently: https://www.nytimes.com/2023/10/30/us/coins-lawsuit-payment-...), but judges can and do simply declare the exploit to be in bad faith and make them knock it off. (As any third party arbitrator would do.)

Re:Is it legal to mix cash in a jar? How is Bitcoin mixing a... by waste_monk on Wednesday November 22, 2023 @12:06AM (#38374948)
Surprised you don't have something like this[1], at the federal level:

" ...coins are legal tender for payment of amounts which are limited as follows:

    not exceeding 20c if 1c and/or 2c coins are offered (these coins have been withdrawn from circulation, but are still legal tender);
    not exceeding $5 if any combination of 5c, 10c, 20c and 50c coins are offered; and
    not exceeding 10 times the face value of the coin if $1 or $2 coins are offered.
"

It's clean, simple, and effective. And an entity can choose to accept the coins anyway if they wanted to, it just doesn't oblige them to accept them.

[1] https://banknotes.rba.gov.au/legal/legal-tender/