Matches for mjr_, 5905 total results Sorted by newest | relevance
Tue Feb 25 07:27:29 UTC 2014 <mjr_> what if no one owed anybody anything?
Tue Feb 25 07:27:21 UTC 2014 <mjr_> not if you don't owe anything
Tue Feb 25 07:27:15 UTC 2014 <mjr_> yes i know all this, and it doesn't change the fundamental everyday reality
Tue Feb 25 07:27:00 UTC 2014 <mjr_> ugh
Tue Feb 25 07:26:55 UTC 2014 <mjr_> davout: exactly "assets"
Tue Feb 25 07:26:44 UTC 2014 <mjr_> that is what you would call "accounting"
Tue Feb 25 07:26:38 UTC 2014 <mjr_> and...
Tue Feb 25 07:26:15 UTC 2014 <mjr_> since the fundamental core concept of a debt is that it can be "redeemed"
Tue Feb 25 07:26:00 UTC 2014 <mjr_> it cannot be a debt
Tue Feb 25 07:25:57 UTC 2014 <mjr_> you cannot redeem a dollar for anything
Tue Feb 25 07:25:47 UTC 2014 <mjr_> the fed owes us nothing
Tue Feb 25 07:25:44 UTC 2014 <mjr_> liability is something which is owed
Tue Feb 25 07:25:36 UTC 2014 <mjr_> in which case i would like to borrow as much as i can from you
Tue Feb 25 07:25:28 UTC 2014 <mjr_> unless you are using that word in a completely differnt way than i think
Tue Feb 25 07:25:18 UTC 2014 <mjr_> and a dollar is not a liability of anyone
Tue Feb 25 07:25:11 UTC 2014 <cerelenius> mjr: a token is not a liability of someone
Tue Feb 25 07:25:08 UTC 2014 <mjr_> which we use to exchange value
Tue Feb 25 07:25:01 UTC 2014 <mjr_> it is a token
Tue Feb 25 07:24:52 UTC 2014 <mjr_> if you cannot trade it in for a fixed amount of something else...there is no difference to you
Tue Feb 25 07:24:41 UTC 2014 <mjr_> simple easy lesson