• PhobosAnomaly@feddit.uk
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    10 months ago

    I don’t really get it - I suspect you need to have been at best, conned - at worst, radicalised - to think this would get anywhere.

    My basic understanding of sovcits is that they are their own independent entity, and only “exist” by entering in to contracts with another for goods and services.

    Surely by entering into a credit agreement with a provider like a bank, they’re literally doing their own legs by complaining about it?

    I know I’m giving it far too much thought than it deserves but it just boggles my mind.

    • SirDankbud@lemmy.ca
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      10 months ago

      You seem to be missing their concept of the coupon. According to sovcits, at birth you are essentially registered as a stock in the corporation of the country you’re born in. This is your legal entity referred to with all caps in paperwork. Each stock is worth the GDP of that nation divided by population. Their coupons are supposed to direct billers to use the money from their stock to pay for goods and services.

      Of course its all bullshit. But they do believe that people who provide them with goods and services are being compensated with actual money. They also tend to believe their stock is a source of limitless income as long as the country maintains the same GDP. Basically they’re larping as Musk and Bezos but without owning any real stock to borrow off of.

      • PhobosAnomaly@feddit.uk
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        10 months ago

        You’re right - I had heard of this “coupon” but never really understood what it was until you explained it so well, thank you.

        It still baffles me though as they have entered into a contract with their credit provider which likely clearly says what payment methods are acceptable. A breach that contract seems to be undoing the very fabric of the narrative they’re trying to weave with their sovcit nonsense.

        Oh well, I’ve lost enough brain cells over this for one day, and my last one is getting lonely!

        • shastaxc@lemm.ee
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          10 months ago

          That’s because it’s the secret, implied clause in all contracts. Just like you don’t have to specify “also, Chase may not murder me” because it’s just part of their rights as a citizen of their country.

          But yes, it is all still insane.

    • Neato@ttrpg.network
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      10 months ago

      You’re right. Most of them are thinking that this is somehow a real way to get away with not paying bills. Legal loopholes they think that corporate lawyers somehow don’t know about.

      They’ve definitely been conned and/or radicalized but even the most gullible among them think this is some convoluted scheme to get out of taxes and legal obligations. They are one and all scammers.

      • Sage the Lawyer@lemmy.world
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        10 months ago

        Oh, they think lawyers know about the loopholes, it’s actually a part of their brainwashing. They believe the entire legal profession is a giant conspiracy, that we’re taught how to get away with not paying for stuff in law school, and that we intentionally deceive the public so that they don’t find out how corrupt we are.

        Cuz, y’know, it’s super easy to keep a conspiracy going in ~200 law schools, each of which admits hundreds of students at a time, and nobody ever drops out and feels spiteful enough to leak the “truth.” Yup.

        • verity_kindle@sh.itjust.works
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          10 months ago

          All the lawyers I know are bleeding hearts that feel horribly guilty for being self made and successful. They love statism, paying taxes and participating in the expansion of powers of the US federal government. They must have all missed that early morning class. They will be devastated to know that their licenses arw invalid. I can’t wait to call them one by one.