On 2007.11.05 08:41:21 -0600, Charlotte Webb <charlottethewebb(a)gmail.com> scribbled
0 lines:
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Inflation -- Would there be a finite amount, or would
it be printed at
will like the U.S. Mint does? If it ever is "worth something" would it
become less so, when more of it exists?
[1] MONOPOLY(R) is a registered trademark of Hasbro, Inc.
[2] Of course I meant monetary interest, as in money awarded for
already having a lot of money, but psychological interest might also
be worth considering -- questions like whether this actually make
people more likely to contribute, or whether the wacky logistics of a
system like this, particularly if enough people took it seriously,
would cause others to quit in disgust.
Food for thought, bring your own fork (vague pun intended, maybe).
—C.W.
(Disclaimer: I don't think this would actually be useful in any hypothetical Wikipedia
economy, I'm just mentioning it because I find it a really interesting topic).
You can actually devise digital cash schemes where one can prove the validity of the cash
and also that only a limited amount has been issued, based on proof of work schemes - I
like Nick Szabo's 'bit gold' idea myself,
<http://unenumerated.blogspot.com/2005/12/bit-gold.html>.
--
gwern
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