I read in the WSJ today that Canada's central bank decided that Bitcoin is "
not legal tender". In my opinion I can't see that it really matters what they say because they can't turn bitcoin off. I mean isn't it like if they said they didn't consider email to be "not legal mail" LOL. Bitcoin is also NOT legal tender in China and we watched BTC value drop for a week or two then rise back to over $1000/BTC.
...btw I bought a new bed on Overstock.com this morning and paid with bitcoin. I'll soon be sleeping soundly with dreams of BTC.