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Topic: Should time=money? (Read 1357 times)

hero member
Activity: 714
Merit: 500
July 30, 2014, 02:30:40 AM
#36
Like at In Time (movie).
But of course it isn't possible so what I'm saying is I think those time bank things are useless.

You cannot buy time, time is the currency, you can only exchange your time for other people's time, if you want to buy someone's else time you pay them in dollars, euros or bitcoin or whatever they accept...

Is it so hard to read the article?

So that just fancy name for hiring someone to do something for you...?
legendary
Activity: 2786
Merit: 1031
July 29, 2014, 08:19:32 PM
#35
Like at In Time (movie).
But of course it isn't possible so what I'm saying is I think those time bank things are useless.

You cannot buy time, time is the currency, you can only exchange your time for other people's time, if you want to buy someone's else time you pay them in dollars, euros or bitcoin or whatever they accept...

Is it so hard to read the article?
hero member
Activity: 714
Merit: 500
July 29, 2014, 08:12:13 PM
#34
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
Each individual's time is valuable to that one person. It would be very difficult to trade time between people.

Actually it's very easy. A time-based currency may not be suitable to use in a large scale economy or for any business but it's ideal for a voluntary system within any economy.
Well two people must use time in order to use the other person's time so it would be very difficult to transact with this kind of currency.

If you bother to read the article I've link to you can see there are time banks in a lot of countries and people transact in time-based currency every day.

In my country, Portugal, there are 28 agencies of Time Bank, probably you also can find one near you in your country.

Can I buy time and live forever?
If not then those time banks are pretty useless in my opinion.

Buy time and live forever?!

What the fuck are you talking about?

Like at In Time (movie).
But of course it isn't possible so what I'm saying is I think those time bank things are useless.
legendary
Activity: 2786
Merit: 1031
July 29, 2014, 07:50:58 PM
#33
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
Each individual's time is valuable to that one person. It would be very difficult to trade time between people.

Actually it's very easy. A time-based currency may not be suitable to use in a large scale economy or for any business but it's ideal for a voluntary system within any economy.
Well two people must use time in order to use the other person's time so it would be very difficult to transact with this kind of currency.

If you bother to read the article I've link to you can see there are time banks in a lot of countries and people transact in time-based currency every day.

In my country, Portugal, there are 28 agencies of Time Bank, probably you also can find one near you in your country.

Can I buy time and live forever?
If not then those time banks are pretty useless in my opinion.

Buy time and live forever?!

What the fuck are you talking about?
hero member
Activity: 714
Merit: 500
July 29, 2014, 07:03:20 PM
#32
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
Each individual's time is valuable to that one person. It would be very difficult to trade time between people.

Actually it's very easy. A time-based currency may not be suitable to use in a large scale economy or for any business but it's ideal for a voluntary system within any economy.
Well two people must use time in order to use the other person's time so it would be very difficult to transact with this kind of currency.

If you bother to read the article I've link to you can see there are time banks in a lot of countries and people transact in time-based currency every day.

In my country, Portugal, there are 28 agencies of Time Bank, probably you also can find one near you in your country.

Can I buy time and live forever?
If not then those time banks are pretty useless in my opinion.
legendary
Activity: 2786
Merit: 1031
July 29, 2014, 05:41:17 PM
#31
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
Each individual's time is valuable to that one person. It would be very difficult to trade time between people.

Actually it's very easy. A time-based currency may not be suitable to use in a large scale economy or for any business but it's ideal for a voluntary system within any economy.
Well two people must use time in order to use the other person's time so it would be very difficult to transact with this kind of currency.

If you bother to read the article I've link to you can see there are time banks in a lot of countries and people transact in time-based currency every day.

In my country, Portugal, there are 28 agencies of Time Bank, probably you also can find one near you in your country.
copper member
Activity: 3948
Merit: 2201
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July 29, 2014, 05:28:49 PM
#30
There's this movie about a time-based economy; I'm surprised nobody has mentioned it so far Grin
Do you mean "In Time"? If so, then it has been mentioned, multiple times. Tongue
b!z
legendary
Activity: 1582
Merit: 1010
July 29, 2014, 05:27:05 PM
#29
There's this movie about a time-based economy; I'm surprised nobody has mentioned it so far Grin
member
Activity: 84
Merit: 10
July 29, 2014, 09:50:36 AM
#28
oh aand little money  Angry
member
Activity: 84
Merit: 10
July 29, 2014, 09:44:12 AM
#27
I wish, coz i got a lot of free time  Undecided
member
Activity: 107
Merit: 10
July 29, 2014, 08:05:29 AM
#26
I agree it was a good movie, Also we could be heading into some post apocalyptic future like that if humanity is not careful. I m ready just need to weld the mad max scoop on my car lol
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
July 29, 2014, 07:59:15 AM
#25
I remember there is a movie that time= money, even staying alive need time, and the rich one would never die..
That movie has been mentioned by me and someone else. It's called "In Time" Wink

Nice movie, but it kinda suck that time can be stole so easily.
It does, the movie has some loopholes, but oh well, it was a good movie with an interesting concept after all. So much better than recent movies if you ask me.
sr. member
Activity: 285
Merit: 250
July 29, 2014, 07:55:45 AM
#24
I remember there is a movie that time= money, even staying alive need time, and the rich one would never die..
That movie has been mentioned by me and someone else. It's called "In Time" Wink

Nice movie, but it kinda suck that time can be stole so easily.
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
July 29, 2014, 06:20:43 AM
#23
I remember there is a movie that time= money, even staying alive need time, and the rich one would never die..
That movie has been mentioned by me and someone else. It's called "In Time" Wink
legendary
Activity: 1120
Merit: 1000
July 29, 2014, 06:03:33 AM
#22
Yes, but what the seller will receive in exchange of the service/stuff?

And since time is not stackable, no way to accumulate wealth or make money reserves.
legendary
Activity: 1596
Merit: 1000
July 29, 2014, 05:48:43 AM
#21
From different points of views, some people think time=money. They keep working to earn money based on the time. They hope there is extra time for them to earn more money. Some people think time is not money. They don't care about how much money they have and think enough is enough. They amuse themselves.
hero member
Activity: 647
Merit: 501
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July 28, 2014, 11:26:37 PM
#20
I remember there is a movie that time= money, even staying alive need time, and the rich one would never die..
hero member
Activity: 588
Merit: 500
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July 28, 2014, 10:59:11 PM
#19
What happens if we made a Unviersal Credit Card, that *always* validated transactions, but would take certain amounts of time for each usage..
like to buy a beer, 5 minutes.

but to buy a motorboat, 50 bajillion minutes
Well technically this could be possible through advertising. Watching advertisements on your credit card or something for x amount of minutes would be worth a dollar. Would be pretty cool, watching ads on your credit card outside the bar and you get a free beer in 10 minutes.
newbie
Activity: 50
Merit: 0
July 28, 2014, 10:57:24 PM
#18
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
Each individual's time is valuable to that one person. It would be very difficult to trade time between people.

Actually it's very easy. A time-based currency may not be suitable to use in a large scale economy or for any business but it's ideal for a voluntary system within any economy.
Well two people must use time in order to use the other person's time so it would be very difficult to transact with this kind of currency.
legendary
Activity: 2786
Merit: 1031
July 28, 2014, 09:16:17 PM
#17
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
Each individual's time is valuable to that one person. It would be very difficult to trade time between people.

Actually it's very easy. A time-based currency may not be suitable to use in a large scale economy or for any business but it's ideal for a voluntary system within any economy.
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