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Payment in Bitcoin of pecuniary debt

byonireon inUncategorized posted6 July, 2017
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Synopsis:

It is legitimate to reject in good faith the payment of the pecuniary debt by Bitcoin as it does not constitute currency with legal tender in the State.

 

Case:

Tizio buys a smartphone with a point and click contract on the Alfa web site, offering a price payment of Euro 350 equivalent to 0,5 Bitcoin or, alternatively, through an insured shipment of a banking check.
The Alfa company blocks the delivery of the ordered product, informing Tizio of its refusal to receive the payment “since Bitcoin and bank check are not coins with a legal tender in the State and do not constitute secure means of payment”.
Quid iuris?

 

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