289 sats \ 9 replies \ @Lux 15 Jun \ on: Stacker Saloon

Press Gang

The name Press Gang referred to a body of men from the 1700’s who would “force” others into service or civil conscription. This was done by tricking the unsuspecting man to accept the King’s money.

A silver coin with the face of the king would be “pressed”, hence the name, into the hands of the victim, and once “coin” had been “accepted” the contract was concluded and the man had enlisted.

Note: today, the modern fiat currency has hidden “contracts”, such as taxation.

However, the use of the British pound within these courts is grounds for treason as the British pound is now backed by the US dollar, which is printed by a non-governmental, independent US corporation called the Federal Reserve, with shareholders.

Furthermore, as these “notes” are nothing but promissory notes, you have the right to submit your own promissory note to discharge any fine.

30 sats \ 7 replies \ @DarthCoin 15 Jun

wow TIL. Didn't know about this pressed coin. Very interesting !

31 sats \ 6 replies \ @Lux 15 Jun

one of the hidden contracts is VAT it's a tax on the benefit of commercially using copyrighted notes of a private for profit corporation

15 sats \ 5 replies \ @Hamstr 15 Jun

I think the fun is discharging them now. (Fines, debts)

5 sats \ 4 replies \ @Lux 15 Jun

did you know you can get all VAT refunded?

0 sats \ 3 replies \ @Hamstr 16 Jun

no, how do you get it back? Though, I can't recall paying these

20 sats \ 2 replies \ @Lux 16 Jun

no VAT(value added tax) on Guam? read in the VAT act who/what is a taxpayer.

0 sats \ 1 reply \ @Hamstr 16 Jun

Not that I'm aware of

0 sats \ 0 replies \ @Lux 16 Jun

good listening to this rn

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26 sats \ 0 replies \ @BononXD 15 Jun

I admit that I didn't know this and an interesting thing in the context of curiosities, I am increasingly giving up fiduciary money (fuck paper, it's worth nothing) in favor of bitcoin. At this point, it is already 33.7% of my modest amount due to the fact that I am only 18 years old and I am from the countryside, but I have a fortune.