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May 26, 2005 16:34

money of the future: tiny computer programs that keep track of each other, and each broadcast a unique signal. the programs make sure their signal is not found anywhere else, and if it is, they call the cops. these programs come in many different sizes, like values of bills and coins today ( Read more... )

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bigdoogle May 26 2005, 15:47:44 UTC
yeah it is weird how in banks money isn't money it's just figures on a piece of paper

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harahanaharuko May 26 2005, 19:09:49 UTC
i think we all know how money came to be, and it isn't necessarily ridiculous. people had to barter for everything, and when that got old some guy was like, hey lets just make some standard. then, there was a sharp loss in human interaction over products and such, eventually leading to purchases with just a swipe of a card or click of a button. however, if bartering were still around, would it be that bad? ok, you generally would not be able to aquire as many things since it would take longer to deal out and it is limited to the possessions you already have, but that isn't a bad thing to have less. there would then only be what you felt was important, and nothing extravagant. plus, if you were unhappy with what you had, you would probably be more inclined to actually make something rather than do some lab rat job where you get payed a salary. things would be much more interesting. of course, there is a possibility of crime increasing, but i don't think it would be too different than the conditions today. overall, i think ( ... )

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yertletheturtle May 26 2005, 19:36:57 UTC
i dont know, i think things would be a lot harder for a lot of people without money, just because you would have to know how to do a lot more stuff, cuz even if you were really good at making something, like baskets, you couldnt get all of your necessities just by trading baskets. i mean, not everyone needs a new basket. people would have to be a lot more self-sufficient, but i think people have become too specialized/dependent on others for that to work....
i think that the gold thing was actually given up on a long time ago, now people pretty much respect money as worth itself, not worth gold.

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harahanaharuko May 26 2005, 19:48:00 UTC
but you could trade the basket to someone else to get something in order to trade it too the person to get something you need. i dont know, i think it would be alot cooler, and there would be alot more rare lewt

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sorcerer86 May 27 2005, 09:40:30 UTC
in 1944, in the little town called bretton woods, the US decided that the dollar's value should be explicitely expressed by a certain relation to gold's value. They decided 35 dollars should be worth one ounce of gold. Who owned gold could pay with gold instead of dollars. Due to the fact that other currencies depended on the dollar they also depended on gold.Thus it had to be made sure that the price for gold was kept stable. Conracts were signed with the most important gold-producing countries regarding the smallest and highest sale price for gold.If the value gold rose at the stock market, the central banks sold gold and bought dollars to force the gold's value to decrease and vice versa. The problem:This only works if all the participating countries have a stable economy. The fuck: because the US made a lot of deficite spending during Vietnam,manycountries were forced to buy dollars and sell gold to keep the dollar stable.The NationalBank ofGermanybought58billion dollarsbetween1956and1970. ( ... )

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strategic asterisks will be used to keep inventions secret yertletheturtle May 26 2005, 19:39:47 UTC
money source of the future: **gn**ic b*a**s AND m**n**i* *ov**c*af*s that *ar*es* the *ar*h'* **gn**i* fi**d

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metalkicksass May 30 2005, 06:22:44 UTC
money isnt the issue, its wealth ingeneral. even without money we'd be focused on goats or baskets or whatever the hell else we use to measure wealth.

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