Nash’s “Ideal Money and Asymptotically Ideal Money” Annotated

Re:Nash’s “Ideal Money and Asymptotically Ideal Money” Annot... by natrius on Tuesday October 06, 2015 @04:32PM (#10342150)

You're overestimating the loss of fungibility. When someone decides to stop rewarding a polluter, they'll broadcast that fact to the public. They can limit that to future rewards rather than past rewards. It would be rare for money you hold to suddenly become worthless. I agree that no one wants that, which is why I don't think large swathes of society would do something they don't want. It could happen, though.

This isn't about making a choice for the greater good. Choosing a currency that lets you decide who to reward gives you power. People like power. They will grab it.

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Re:Nash’s “Ideal Money and Asymptotically Ideal Money” Annot... by CyberDildonics on Tuesday October 06, 2015 @08:53PM (#10343495)

You don't know this, because no one really does. Plenty of people are trying to predict the future of crypto-currencies like they know without a doubt what will happen.

Choosing who to reward is a power money already gives you.

Cross reference the companies you find to be the worst in the world with their stock prices to see if your theories hold up.

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