The discussion centers on the definition of critical pressure and its relation to critical temperature in phase diagrams. The term "minimum" in the definition is debated, as any pressure above critical pressure at critical temperature results in a supercritical fluid, which cannot be liquefied. Participants emphasize the importance of focusing on the liquid phase just to the left of the critical temperature, where the minimum pressure for liquefaction exists. The conversation also touches on the distinction between compressible fluids and supercritical fluids, noting that above critical temperature, these states cannot be liquefied. Overall, the dialogue highlights the complexities of phase behavior near critical points in thermodynamics.