I made that quip to demonstrate a point, but to the clear, there's absolutely zero chance the US would ever do this. Unlike El Salvador, we have financial interests in the USA that the far larger than Bitcoin who would demand their product be given preference first. Elon Musk would demand that Teslas be the "official car of the USA" before they did anything to force people to accept Bitcoin. The would require everybody buy $AAPL or $NVDA or even $DJT before they forced everybody to accept Bitcoin as payment.
The actual dictionary definition of "legal tender" is a law that requires that all citizens accept the currency as a form of payment whether they want to or not.
Bitcoin is 100% legal in the USA to buy, hold and sell. There is no way for it to get "legaler". The only thing the US government could possibly do not to increase the price would be to force US citizens to buy it, either as individuals, or through their tax dollars when the government buys Bitcoin. That's what people are calling for "legal tender" and also the Bitcoin reserve: it's about forcing US citizens to buy Bitcoin to the price will go up, because asking the voluntarily has apparently hit its limit.
Yep, that's the policy in the USA and has been for the last 15 years, and there's no sign that anybody is going to change it.
As in the line of making it a payment option, I believe as long as it's legal in the country, it's already enough for anyone to start using it for their business as an alternative payment option. As we all know, that's how it's only going to work; it can't be forced on anyone, nor will it replace any already existing currency. The US is different from El Salvador.
I agree, but apparently a lot of people aren't satisfied with it just being voluntary (see people here on this very thread for examples). People seem to be pretty serious about forcing all US citizens to buy Bitcoin with their tax dollars, for instance. (If they actually do that--which I think is doubtful--that will truly be the end of Bitcoin as an entity independent of the US government).