How should we pay for things in space?

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: Peter Lambert on July 24, 2013, 12:50:33 PM

Quote from: greyhawk on July 24, 2013, 11:58:57 AM

Quote from: Peter Lambert on July 24, 2013, 11:31:12 AM

Quote from: greyhawk on July 24, 2013, 10:06:46 AM

Quote from: Peter Lambert on July 24, 2013, 09:54:20 AM

By the time we get into serious space settlement, we will have developed the technology to allow faster than light communication.

By the time we're sufficiently advanced to quantum tunnel data or are establishing miniature wormholes for FTL transmission, is it not likely the whole concept of money is outdated by then?

I am not sure the concept of money can become outdated? Even if we live in an egalitarian utopia, there will still be reasons to put value on things for accounting and making decisions and stuff.

Not if we have a Molecular Assembler, there won't be. And I'm reasonably sure we'll get that before FTL.

Time is still finite, so if you want other people to do things for you then you will have to pay them. There is more to life than just stuff.

And won't you need to buy power and raw materials for your molecular assembler to run on?

Well, you'll need a virtually inexhaustible free power supply anyways for the whole wormhole thing. For raw materials you just shovel sand and crap in there. Grab an asteroid or two if you absolutely need some specific elements.

dree12

legendary

Activity: 1246

Merit: 1079

Quote from: Peter Lambert on July 24, 2013, 12:50:33 PM

Quote from: greyhawk on July 24, 2013, 11:58:57 AM

Quote from: Peter Lambert on July 24, 2013, 11:31:12 AM

Quote from: greyhawk on July 24, 2013, 10:06:46 AM

Quote from: Peter Lambert on July 24, 2013, 09:54:20 AM

By the time we get into serious space settlement, we will have developed the technology to allow faster than light communication.

By the time we're sufficiently advanced to quantum tunnel data or are establishing miniature wormholes for FTL transmission, is it not likely the whole concept of money is outdated by then?

I am not sure the concept of money can become outdated? Even if we live in an egalitarian utopia, there will still be reasons to put value on things for accounting and making decisions and stuff.

Not if we have a Molecular Assembler, there won't be. And I'm reasonably sure we'll get that before FTL.

Time is still finite, so if you want other people to do things for you then you will have to pay them. There is more to life than just stuff.

And won't you need to buy power and raw materials for your molecular assembler to run on?

Raw materials are unnecessary because anyone will be able to assemble them. The point of a molecular assembler Tongue

.

Energy would likely be used as a medium of exchange, but only unofficially. For example, paying 185 PJ for a new spaceship.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: greyhawk on July 24, 2013, 11:58:57 AM

Quote from: Peter Lambert on July 24, 2013, 11:31:12 AM

Quote from: greyhawk on July 24, 2013, 10:06:46 AM

Quote from: Peter Lambert on July 24, 2013, 09:54:20 AM

By the time we get into serious space settlement, we will have developed the technology to allow faster than light communication.

By the time we're sufficiently advanced to quantum tunnel data or are establishing miniature wormholes for FTL transmission, is it not likely the whole concept of money is outdated by then?

I am not sure the concept of money can become outdated? Even if we live in an egalitarian utopia, there will still be reasons to put value on things for accounting and making decisions and stuff.

Not if we have a Molecular Assembler, there won't be. And I'm reasonably sure we'll get that before FTL.

Time is still finite, so if you want other people to do things for you then you will have to pay them. There is more to life than just stuff.

And won't you need to buy power and raw materials for your molecular assembler to run on?

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: Peter Lambert on July 24, 2013, 11:31:12 AM

Quote from: greyhawk on July 24, 2013, 10:06:46 AM

Quote from: Peter Lambert on July 24, 2013, 09:54:20 AM

By the time we get into serious space settlement, we will have developed the technology to allow faster than light communication.

By the time we're sufficiently advanced to quantum tunnel data or are establishing miniature wormholes for FTL transmission, is it not likely the whole concept of money is outdated by then?

I am not sure the concept of money can become outdated? Even if we live in an egalitarian utopia, there will still be reasons to put value on things for accounting and making decisions and stuff.

Not if we have a Molecular Assembler, there won't be. And I'm reasonably sure we'll get that before FTL.

madmadmax

hero member

Activity: 740

Merit: 501

Quote from: dree12 on July 24, 2013, 08:31:23 AM

Quote from: madmadmax on July 24, 2013, 08:27:12 AM

People are way, way, wayyyy, over their head.

We are a bunch of pseudointelligent evolved monkeys floating around on a rock, we can't even invent a cure for acne let alone posses the intellect to populate other planets, Earth has been nice enough to let us live for a couple million years provided we don't cause any problem or else we'd be shaken off like fleas, it has been here for billions of years before us and will stay here for billions of years after us.

The average American can't even see through the thick layer of shit put on his forehead every single day, populating other planets would be tens of thousands of years away after global world peace/harmony, which is a state we will unlikely to ever reach.

Certainly not. At present rates of planet destruction, populating other planets will become a priority within a hundred years. Additional death-rate decreases will cause a population explosion by the late 21^st century. Humans will need to migrate off within 200 years, or risk extinction as a species.

Could be that earth has summoned us just to manufacture plastic and warm it up a bit with global warming, we are certainly not a threat to anything and won't ever will be.

Quote from: greyhawk on July 24, 2013, 09:40:12 AM

Lemme tell you, I was on this cure and it's not funny. But it does work.

Pimple-face pimple-face! Tongue

dree12

legendary

Activity: 1246

Merit: 1079

Quote from: Peter Lambert on July 24, 2013, 11:31:12 AM

Quote from: greyhawk on July 24, 2013, 10:06:46 AM

Quote from: Peter Lambert on July 24, 2013, 09:54:20 AM

By the time we get into serious space settlement, we will have developed the technology to allow faster than light communication.

By the time we're sufficiently advanced to quantum tunnel data or are establishing miniature wormholes for FTL transmission, is it not likely the whole concept of money is outdated by then?

I am not sure the concept of money can become outdated? Even if we live in an egalitarian utopia, there will still be reasons to put value on things for accounting and making decisions and stuff.

The "medium of exchange" may become outdated when everyone can manufacture anything. Already, 3D printers are spreading to each and every home. Eventually, we may return to the barter system, as we would always have something the people we are to do business with want.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: greyhawk on July 24, 2013, 10:06:46 AM

Quote from: Peter Lambert on July 24, 2013, 09:54:20 AM

By the time we get into serious space settlement, we will have developed the technology to allow faster than light communication.

By the time we're sufficiently advanced to quantum tunnel data or are establishing miniature wormholes for FTL transmission, is it not likely the whole concept of money is outdated by then?

I am not sure the concept of money can become outdated? Even if we live in an egalitarian utopia, there will still be reasons to put value on things for accounting and making decisions and stuff.

jackjack

legendary

Activity: 1176

Merit: 1280

May Bitcoin be touched by his Noodly Appendage

The humanity would have killed itself long before it had any chance to colonise space

elements

full member

Activity: 182

Merit: 100

anything but Paypal Galaxy !

Maybe with small boxes of air
containing 1 litre of Himalayan air.

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: Peter Lambert on July 24, 2013, 09:54:20 AM

By the time we get into serious space settlement, we will have developed the technology to allow faster than light communication.

By the time we're sufficiently advanced to quantum tunnel data or are establishing miniature wormholes for FTL transmission, is it not likely the whole concept of money is outdated by then?

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

By the time we get into serious space settlement, we will have developed the technology to allow faster than light communication. So keeping the blockchain up-to-date will not be a problem.

I still think bitcoin has some scale-ability and usability issues that will keep it from being the single payment method for everything. I think something like Ripple (imagine a ripple without the XRP nonsense) will function as the normal payment method, with bitcoins being the backing and settlement currency.

Buffer Overflow

legendary

Activity: 1652

Merit: 1016

I'd like to shoot some of these alt-coins off into space. Preferably plotted on a direct course towards the sun.

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: jackjack on July 24, 2013, 09:35:52 AM

Quote from: greyhawk on July 24, 2013, 08:40:34 AM

Quote from: madmadmax on July 24, 2013, 08:27:12 AM

we can't even invent a cure for acne

I'm not sure I want this cure

Quote

In 2009, Roche decided to pull Accutane off the US market after juries had awarded millions of dollars in damages to former Accutane users over inflammatory bowel disease claims. Among others, actor James Marshall sued Roche over Accutane-related disease that resulted in removal of his colon

Lemme tell you, I was on this cure and it's not funny. But it does work.

jackjack

legendary

Activity: 1176

Merit: 1280

May Bitcoin be touched by his Noodly Appendage

Quote from: greyhawk on July 24, 2013, 08:40:34 AM

Quote from: madmadmax on July 24, 2013, 08:27:12 AM

we can't even invent a cure for acne

I'm not sure I want this cure

Quote

In 2009, Roche decided to pull Accutane off the US market after juries had awarded millions of dollars in damages to former Accutane users over inflammatory bowel disease claims. Among others, actor James Marshall sued Roche over Accutane-related disease that resulted in removal of his colon

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: dree12 on July 24, 2013, 08:48:20 AM

Quote from: greyhawk on July 24, 2013, 08:40:34 AM

Quote from: madmadmax on July 24, 2013, 08:27:12 AM

we can't even invent a cure for acne

Amazing! You just invented a cure for acne! You'll be showered with Nobel prizes and unlimited praise for this groundbreaking work!

I don't think there's a Nobel prize for Copy&Pasting, but then again I've been wrong before.

MatthewLM

legendary

Activity: 1190

Merit: 1004

There's nothing wrong with a hypothetical discussion out of interest and intellectual stimulation.

dree12

legendary

Activity: 1246

Merit: 1079

Quote from: greyhawk on July 24, 2013, 08:40:34 AM

Quote from: madmadmax on July 24, 2013, 08:27:12 AM

we can't even invent a cure for acne

Amazing! You just invented a cure for acne! You'll be showered with Nobel prizes and unlimited praise for this groundbreaking work!

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: madmadmax on July 24, 2013, 08:27:12 AM

we can't even invent a cure for acne

dree12

legendary

Activity: 1246

Merit: 1079

Quote from: madmadmax on July 24, 2013, 08:27:12 AM

People are way, way, wayyyy, over their head.

We are a bunch of pseudointelligent evolved monkeys floating around on a rock, we can't even invent a cure for acne let alone posses the intellect to populate other planets, Earth has been nice enough to let us live for a couple million years provided we don't cause any problem or else we'd be shaken off like fleas, it has been here for billions of years before us and will stay here for billions of years after us.

The average American can't even see through the thick layer of shit put on his forehead every single day, populating other planets would be tens of thousands of years away after global world peace/harmony, which is a state we will unlikely to ever reach.

Certainly not. At present rates of planet destruction, populating other planets will become a priority within a hundred years. Additional death-rate decreases will cause a population explosion by the late 21^st century. Humans will need to migrate off within 200 years, or risk extinction as a species.

madmadmax

hero member

Activity: 740

Merit: 501

People are way, way, wayyyy, over their head.

We are a bunch of pseudointelligent evolved monkeys floating around on a rock, we can't even invent a cure for acne let alone posses the intellect to populate other planets, Earth has been nice enough to let us live for a couple million years provided we don't cause any problem or else we'd be shaken off like fleas, it has been here for billions of years before us and will stay here for billions of years after us.

The average American can't even see through the thick layer of shit put on his forehead every single day, populating other planets would be tens of thousands of years away after global world peace/harmony, which is a state we will unlikely to ever reach.

TL;DR Us thinking of CURRENCIES that we will use AFTER we have populated other planets is the equivalent of a baboon dreaming about driving a Lamborghini after conquering the universe.

Topic: How should we pay for things in space? (Read 1854 times)