[GNC] Income earned in gold

[Michael or Penny Novack]

On 1/2/2025 3:14 PM, Derek Atkins wrote:
> Bitcoin isn't technically a currency.
> -derek
>
Neither, in the US, is gold. Back in the 1930's when we went off "the 
gold standard" it became illegal to contractually require payment in 
gold. Existing contracts had that part declared null and void. LOL, as 
late as 1978 I encountered a rental contract with very old "boiler 
plate". As I crossed "in gold" substituting "in legal currency of the 
US" I pointed out that was ILLEGAL to require payment in gold.

Michael D Novack