From: Mike Lorrey (email@example.com)
Date: Tue Feb 19 2002 - 13:07:42 MST
Content-Type: text/plain; charset=us-ascii
Anders Sandberg wrote:
> On Tue, Feb 19, 2002 at 11:49:22AM -0600, Lee Daniel Crocker wrote:
> > >
> > > Honest to god, Anders! If Extropia minted its own money,
> > > we would put you on the 20 dollar bill.
> > > spike
> > You mean the 20-kilojoule note, right? Surely Extropia wouldn't
> > use a floating fiat currency...
> Just as in the other thread, energy might be "manufactured" just like
> gold, so it might not be the optimal foundation.
> Given the start of this thread, I think I would base a currency on
> irreversible computations. "This bill can be exchanged for 10^10 bit
> erasures at First Computronium Bank of Jupiter". Making the basis of
> irreversible operations linked to the allocation system seems fitting
On the other hand, if you treat mass and energy as interchangable, then
the monetary unit to use would be the "C" note, which would be equal to
(e/m)^(1/2) expressed as a finite number of quarks, photons, protons, or
other 100% fungible subatomic particles.
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