The Observer wrote:Stevesy wrote:Considering what the notes and the coins say on them I think its obvious "both parties understand clearly what they are trading and receiving." See the example posted above of a Libby Note....I really feel sorry for you if you think they look similar enough to claim he's trying to sell these as USD.
No, what the buyers thought was that they would be able to trade these coins for purchases (with change in return in most cases) as though these coins were worth $20. That is exactly what von Nothaus told people to do with them and the several posts above attest as to that actually happening.
Yes and a lot of people did just that. Only a frigging moron would think these could be used anywhere any time. Its obvious by the wording on his site not everyone was going to take them jeesh.
No one made that claim, creating stawmen to win an argument is pretty weak. Let's try and stick to the facts.
Yes, von Nothaus did - see above.
whatever....
More stawmen. NorFed did not try to promote its currency as an investment in silver, only that it had the backing of silver. So worst case your money would always be worth something unlike the FRN that has consistenly lost value since it was created.
Again, see above. Von Nothaus directed these people to pass the Libbies as a currency by purchasing their items.
So what? It's not illegal to barter. There's companies out there right now using barter by using a card or stamps.
Nowhere did Von Nothaus tell anyone that they should advise the retailer exactly how much they paid for the Libby or that the Libby may be worth less than what was marked on the coin.
Why should they? Do you think a diamond retailer comes out sand tell you the price they paid for somethign before they give you something. When you trade something do you both come out and tell the other how much you paid the item you have for trade ....that's just retarded.
No fraud...[t]here is never a guarantee that you can exchange those for actual U.S. dollars if a business refuses to take them. Trade is only good if two or more parties take your item no matter what the value. People were trading these things and as far as I know no one has made a criminal complaint about being duped and no banks received any.
Except as you can see above, there were several instances of fraud or attempted fraud by people submitting these coins in lieu of FRNs for purchases.
So what? I'm sure people use crap all the time to commit fraud is that the responsibility of the company making the item?
Would you care to explain to me how many of these guys told the merchants what the real deal was regarding these Libbies were?
Real deal? You mean like what NorFed posted on their site to tell merchants?
Maybe you would like to explain why local police were getting involved? I guess those merchants just didn't understand what a great deal they were getting.
Because the people using them didn't follow the rules, that's why.
And as usual, you were wrong again.
As usual you just make assertions and mix unrelated things to come up with your next grand conspiracy.