Can we discuss Aquilae's currency a bit more? I'm not prying into specific banking details, just how the mechanism works etc...
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Pete Daoust
:D
John Affidavit Fernandes
haha, in void we trust
Pete Daoust
What ? :/
John Affidavit Fernandes
1 FTP = 1FTP
Scott Duncan
That's some serious green there, Pete :D
Pete Daoust
Yes, I know MY colors :P
Scott Duncan
Well this discussion died of starvation! :D
Eamonn O Brien
Sorry, I didn't have time to come back to it yesterday...
I was just wondering how it worked. If I want to avail of your services do I buy Aquilae currency from an exchange or do you guys operate as an exchange? Also how is Aquilae currency valuable to you for when you want to spend it?
Pete Daoust
If I want to avail of your services do I buy Aquilae currency from an exchange: You "exchange" what ever currency you may have in your pocket for Aquilae Tokens.
I am sure some corporations like Roguesupport Inc are set up for this kind of service.
Then, you PAY Scott for the service/product he supply.
And then Scott is happy, and he can do what the fuck he wants with HIS MONEY :P
Pete Daoust
Scott can certainly exchange these Aquilae Tokens for some crypto-currencies of some sort, through some corporation like RogueSupport Inc :D
Scott Duncan
He sure can. Pete Daoust! He sure can!
Eamonn O Brien
So roguesupport handles the fiat and exchanges it to aquilae currency for the customer. The customer then spends it on services accordingly.
So is it a case of aquilae/Scott/roguesupport's abilities and quality of services that give aquilae's currency it's value in the crypto market place? Much like the bread maker in money as debt market place?
Age Thomson
In your example Eamonn, what is Value? Define it, and then cement it in your head. Then ask yourself how you could ever hope to preserve your value in the current system. After that, ask the same question while thinking of crypto and it should become clear.
It did for me anyways.
Eamonn O Brien
So when someone wants to buy Aquilae currency they give fiat to roguesupport and roguesupport credit their wallet with aquilae (I presume) Roguesupport then lodge the income in their bank account? I don't want to pry into Scotts financial business, Im just trying to understand...
Scott Duncan
NOT ONLY THAT, but Rogue Support holds assets for MANY OTHER corporations, and we BENEFIT from them. ;)
Eamonn O Brien
So Im understanding it correctly...
What type of assets does Rogue Support hold?
Scott Duncan
Other corporations.
Scott Duncan
Each Aquilae Vessel has a corporation. Tycho Brahe's is Human Machines Inc., for example.
ALL of the corporations are wholly owned subsidiaries of Rogue Support Inc.
Eamonn O Brien
So Rogue Support, as a holding company, holds the navy's corporations as assets... How does it profit by doing so? I just read that a holding company can issue licenses to it's subsidiaries for their property etc...
Scott Duncan
They ONLY serve to act in commerce.
Eamonn O Brien
To deal with fiat/commercial income?
Scott Duncan
yes.
Scott Duncan
We DO NOT PROFIT! EVER. Surplus is injected IMMEDIATELY back into the economy.
Eamonn O Brien
I mis-read benefit as profit further up there...My mistake...
Scott Duncan
If you want the right to claim you are BETTER than everyone, your policy is ALWAYS:
TAKE WHAT YOU NEED, AND RETURN THE SURPLUS TO EVERYONE!
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Pete Daoust
John Affidavit Fernandes
Pete Daoust
John Affidavit Fernandes
Scott Duncan
Pete Daoust
Scott Duncan
Eamonn O Brien
Pete Daoust
Pete Daoust
Scott Duncan
Eamonn O Brien
Age Thomson
Eamonn O Brien
Scott Duncan
Eamonn O Brien
Scott Duncan
Scott Duncan
Eamonn O Brien
Scott Duncan
Eamonn O Brien
Scott Duncan
Scott Duncan
Eamonn O Brien
Scott Duncan