Re:The Theory of Interstellar Trade (1978)
by ryandrake on Thursday December 31, 2020 @12:37PM
(#25594845)
> In other words, it doesn't matter that he experienced the travel as five minutes. What matters is that his options were limited for five days.
> Near light travel time dilation is essentially life extension relative to planetary populations. So any interest paid to the traveler should be calculated at the fraction of time experienced, so 5 minutes to 5 days would be 1 / 1440.
Why should either the lender's clock or the borrower's clock be considered more valid for the purpose of calculating interest? Why is one privileged over the other?
Re:The Theory of Interstellar Trade (1978)
by qndreoi on Thursday December 31, 2020 @12:52PM
(#25595038)
I think the lender's clock would be most valid. If I go to the bank for a loan, they usually aren't open to negotiation. They say "Here are the terms. Want the money?"
> Near light travel time dilation is essentially life extension relative to planetary populations. So any interest paid to the traveler should be calculated at the fraction of time experienced, so 5 minutes to 5 days would be 1 / 1440.
Why should either the lender's clock or the borrower's clock be considered more valid for the purpose of calculating interest? Why is one privileged over the other?