Click here to Skip to main content
15,860,859 members

Welcome to the Lounge

   

For discussing anything related to a software developer's life but is not for programming questions. Got a programming question?

The Lounge is rated Safe For Work. If you're about to post something inappropriate for a shared office environment, then don't post it. No ads, no abuse, and no programming questions. Trolling, (political, climate, religious or whatever) will result in your account being removed.

 
GeneralRe: Bitcoin: view it as a game for small children Pin
Eddy Vluggen11-May-21 7:49
professionalEddy Vluggen11-May-21 7:49 
GeneralRe: Bitcoin: view it as a game for small children Pin
Greg Utas11-May-21 8:17
professionalGreg Utas11-May-21 8:17 
GeneralRe: Bitcoin: view it as a game for small children Pin
Eddy Vluggen11-May-21 8:51
professionalEddy Vluggen11-May-21 8:51 
GeneralRe: Bitcoin: view it as a game for small children Pin
W Balboos, GHB12-May-21 1:10
W Balboos, GHB12-May-21 1:10 
GeneralRe: Bitcoin: view it as a game for small children Pin
Eddy Vluggen12-May-21 5:59
professionalEddy Vluggen12-May-21 5:59 
GeneralRe: Bitcoin: view it as a game for small children Pin
PhilipOakley11-May-21 23:54
professionalPhilipOakley11-May-21 23:54 
GeneralRe: Bitcoin: view it as a game for small children Pin
Greg Utas12-May-21 0:59
professionalGreg Utas12-May-21 0:59 
GeneralRe: Bitcoin: view it as a game for small children Pin
PhilipOakley12-May-21 3:42
professionalPhilipOakley12-May-21 3:42 
Hi Greg,
I wasn't sure if you were thinking of money as a commodity item, which was then suitable for use as an exchangeable token for value (like those longing for a return to 'gold standard' and everything else as 'fake' money).

The shift to digital accounting has made the majority of physical commodity money obsolete, but the problem of maintaining 'trust' in the money (as value) is still there (as per the bitcoin game). The core element is that the money (digital or otherwise) is (has smallest unit elements) that are smaller than the value of the items traded (pennies and cents). So we can slice and dice our trading in the capitalist economy.

However Climate isn't traded that way, and is more 'socialist/communist' (community) than capitalistic, so can't actually be valued as a trade, so the 'money' (fiat or commodity) approach starts to fade.

The scarce resource of habitable climate can't be allocated using the old mechanisms, hence my thought about 'upcoming economics'. Which is all a bit of a way from the current children's bitcoin game..
GeneralRe: Bitcoin: view it as a game for small children Pin
Greg Utas12-May-21 4:08
professionalGreg Utas12-May-21 4:08 
GeneralRe: Bitcoin: view it as a game for small children Pin
PhilipOakley12-May-21 4:33
professionalPhilipOakley12-May-21 4:33 
GeneralRe: Bitcoin: view it as a game for small children Pin
Gerry Schmitz11-May-21 9:36
mveGerry Schmitz11-May-21 9:36 
GeneralRe: Bitcoin: view it as a game for small children Pin
W Balboos, GHB12-May-21 1:09
W Balboos, GHB12-May-21 1:09 
GeneralRe: Bitcoin: view it as a game for small children Pin
Greg Utas11-May-21 4:02
professionalGreg Utas11-May-21 4:02 
GeneralRe: Bitcoin: view it as a game for small children Pin
W Balboos, GHB11-May-21 4:16
W Balboos, GHB11-May-21 4:16 
GeneralRe: Bitcoin: view it as a game for small children Pin
Greg Utas11-May-21 4:22
professionalGreg Utas11-May-21 4:22 
GeneralNext big thing! Pin
Pete Kelley12-May-21 2:16
Pete Kelley12-May-21 2:16 
GeneralRe: Next big thing! Pin
PIEBALDconsult15-May-21 5:36
mvePIEBALDconsult15-May-21 5:36 
QuestionCurry & Chips? Pin
5teveH11-May-21 0:49
5teveH11-May-21 0:49 
AnswerRe: Curry & Chips? Pin
g_p_l11-May-21 1:32
g_p_l11-May-21 1:32 
AnswerRe: Curry & Chips? Pin
OriginalGriff11-May-21 1:56
mveOriginalGriff11-May-21 1:56 
GeneralRe: Curry & Chips? Pin
pkfox11-May-21 2:57
professionalpkfox11-May-21 2:57 
GeneralRe: Curry & Chips? Pin
Daniel Pfeffer11-May-21 3:02
professionalDaniel Pfeffer11-May-21 3:02 
GeneralRe: Curry & Chips? Pin
pkfox11-May-21 3:50
professionalpkfox11-May-21 3:50 
GeneralRe: Curry & Chips? Pin
OriginalGriff11-May-21 3:54
mveOriginalGriff11-May-21 3:54 
GeneralRe: Curry & Chips? Pin
Wastedtalent11-May-21 4:02
professionalWastedtalent11-May-21 4:02 

General General    News News    Suggestion Suggestion    Question Question    Bug Bug    Answer Answer    Joke Joke    Praise Praise    Rant Rant    Admin Admin   

Use Ctrl+Left/Right to switch messages, Ctrl+Up/Down to switch threads, Ctrl+Shift+Left/Right to switch pages.