On 2007.11.05 08:41:21 -0600, Charlotte Webb charlottethewebb@gmail.com scribbled 0 lines: ...
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 SUN Pox DDR&E HAMASMOIS NIMA Trade SFPD FBI DOE warrantless