Re:Bizarre Shadowy Paper-Based Payment System Being Rolled O...
by dllthomas on Tuesday February 18, 2014 @12:39PM
(#7259567)
"Ultimately though, if money were represented directly by time or something I think that would be far more ideal as it would be guaranteed to be stable."
I'm not sure what that means. Jokes about relativity aside, time doing what? If you mean individual's labor (which has been tried a few times, see http://en.wikipedia.org/wiki/Ithaca_Hours), then that seems unlikely to even be fungible, much less stable.
I'm not sure what that means. Jokes about relativity aside, time doing what? If you mean individual's labor (which has been tried a few times, see http://en.wikipedia.org/wiki/Ithaca_Hours), then that seems unlikely to even be fungible, much less stable.