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David Busters

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Posts posted by David Busters

  1. Just now, YGIFS said:

    so you think the problem with crypto currencies wasn't the underlying value or business model, but that they didn't remember to print them out for us to physically hold?  

    no they are not tied to something with value. Why would I want that. A number.

  2. 1 minute ago, BabaYaga said:

    That's fine, but who will accept them?  You're just back to the barter system.  Precious metals - sure, but some fiat, funny-money, you just started a club.  

    Well you could do like the government used to do and make certificates or something that connects to a piece of gold or a diamond or something else valuable that is held somewhere for safe keeping. And then you could say, I will trade you, without having to carry around a bunch of stuff.

  3. 2 minutes ago, Brisketexan said:

    Haha, LOOPHOLE, dumbass - Stanley Nickels are not securities of the United States!

    tnT2CMeHSiaw8-TBArpSWIxL3Mqcfl79gmphaT3y

    Yes but if you agreed to accept these nickels in exchange for a service knowingly then it is legal is it not, maybe they are collectible. Maybe they are made from precious metals.

    Maybe they have diamonds!

  4. 1 minute ago, BabaYaga said:

    Good speed for your poop hole...

    18 U.S. Code § 471 is a federal statute that states that a person can be fined and/or imprisoned for up to 20 years if they counterfeit a security of the United States with intent to defraud

    Yes but it’s not going to look like money, nobody would mistake it for that. So it is not counterfeit. And if there is a contract I can pay a person whatever he will accept as payment. 1099

    Can I pay for a Coke with Euros, yes if you accept

  5. 1 minute ago, Rimbo said:

    Star Trek GIF

    What you read is so painfully wrong and idiotic that I feel stupider just for having read it.

    Oh I am sorry. Not trying to upset anyone that’s just something I read. I wasn’t sure. But if both people agree on the value it is bartering. So that would be an exception.

    • Haha 2
  6. If I were to make my own money, say out of real metals like silver and gold, could I use these like real money. Do I need to put something on it that cites the law that says this is legal, in order to use it? Or wooluld it be the barter system. 

    If it is not legal what if I get a contract to sign for the other person I am doing barter with, that says they acknowledge there is no exchange of money taking place. 

     

    Also it will not look like real money.

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