Re: Promissory Notes

by **LionsShare** Sat Jun 11, 2022 10:47 pm

Sharpysparky wrote:I have just been on the bank of englands website and it says that credit/debit cards and cheques are NOT legal tender so when bills come through giving ‘ways to pay’ and these are mentioned we cant use that method as it would be fraud! So they are demanding us to create fraud like they are!

forgot to add: a cheque CAN be used as cash but in very limited circumstances such endorsing a cheque that represents a discharge from 1 PERSON to another via a 3rd party.

A owes B, in turn owes C (it has to be the same amount across the board eg £100), A gives B a cheque, B endorses cheque & gives to C, C then 'cashes' the cheque but the 'transfered' amount would actually go from A to C. In this case B would have treated the cheque as 'cash'.

Yes have had a few beers too as I write, so what?

by **LionsShare** Mon Aug 15, 2022 9:08 pm

flyingfish wrote:More aptly it's an example of how the house of cards stays up. It stays up because people believe that others will think the currency has value. I don't think even LS really thinks it's worthless in real everyday life.

And that works, at the moment. For example a little while ago I went to the bank where I supposedly have money but really it's just ones and zeroes somewhere. All the same they handed over a bunch of banknotes in exchange, and I went down the road to exchange this paper for a motorcycle. Who's to say that didn't demonstrate perceived value? The motorcycle is real and I wouldn't have it but for that bunch of paper.

So it works, at the moment. But if everyone simultaneously started to doubt the value, what then? I don't know what better system could be used other than pure barter.

FF its taken me awhile to look at, seruoisly, (spelloing....), you are on to something?

by **LionsShare** Mon Aug 15, 2022 9:22 pm

have some very simple but very interesting news over my situation. Are you interested? Please ask.

by **daveiron** Mon Aug 15, 2022 9:56 pm

Yes please.

by **LionsShare** Mon Aug 15, 2022 10:00 pm

so what did you want to ask?

by **LionsShare** Mon Aug 15, 2022 10:19 pm

very simple:

No door knockers a knocin'.

After a simple but poignant offer to 'pay' have had NOTHING except to 'Theo Ccupier' since 01/07/2022. All have been RTS (goes against my..... but after thinking.....) & I mean absoulutle nowt.

More reasons to follow but can you guess? This is really simple when you comprehend Trusts & how they relate to agreements.

by **LionsShare** Mon Aug 15, 2022 10:22 pm

Here's a clue, the b'cert name has 'gone' THEY are only interestred in 'Theo Ccupier'.

I am going to have to be careful?

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