I love how these dumbasses always think they found some magical loophole to cheat the system. Would you want your wages to be paid by a “promise note”? No? That’s why it’s not a real, legal thing.
Yeah, but like you said all those things are backed and based on the US dollar. Company scrips have been illegal for decades. This guys idea of a promise note seems more like an IOU scribbled on a napkin.
I love how these dumbasses always think they found some magical loophole to cheat the system. Would you want your wages to be paid by a “promise note”? No? That’s why it’s not a real, legal thing.
Thing is, the entire monetary system is kind of a promise note, just a rather reliable and legally enforceable one.
Even something like a payment plan is essentially a promise note, credit cards too.
Yeah, but like you said all those things are backed and based on the US dollar. Company scrips have been illegal for decades. This guys idea of a promise note seems more like an IOU scribbled on a napkin.