Cryptocurrency Q&A
Is scrip still legal?
Is scrip still legal?
Lorenzo
Thu Nov 14 2024
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6 answers
1749
I'm wondering if scrip is still considered legal in the current context. I'm seeking clarification on its legality status.
6 answers
Silvia
Sat Nov 16 2024
Some companies have adopted scrip as a reward system for their customers, offering points or coupons that can be redeemed for goods or services.
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Dario
Sat Nov 16 2024
These scrip systems are often designed to encourage customer loyalty and repeat purchases.
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CryptoElite
Sat Nov 16 2024
One notable example of scrip in use today is Canadian Tire money, which is issued by the Canadian retailer Canadian Tire.
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Riccardo
Sat Nov 16 2024
The use of scrip as a form of wage payment was banned in 1938 due to its associated problems and disadvantages.
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CryptoQueen
Sat Nov 16 2024
Canadian Tire money resembles real currency in appearance but is not legal tender and can only be used at Canadian Tire stores.
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