Should time=money? | Bitcointalksearch.org

onlinepro

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Quote from: pedrog on July 29, 2014, 08:19:32 PM

Quote from: onlinepro on July 29, 2014, 08:12:13 PM

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...?

pedrog

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Quote from: onlinepro on July 29, 2014, 08:12:13 PM

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?

onlinepro

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Quote from: pedrog on July 29, 2014, 07:50:58 PM

Quote from: onlinepro on July 29, 2014, 07:03:20 PM

Quote from: pedrog on July 29, 2014, 05:41:17 PM

Quote from: cutepuppy on July 28, 2014, 10:57:24 PM

Quote from: pedrog on July 28, 2014, 09:16:17 PM

Quote from: escrow.dude on July 28, 2014, 09:04:14 PM

Quote from: minerpumpkin on July 28, 2014, 09:17:38 AM

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.

pedrog

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Quote from: onlinepro on July 29, 2014, 07:03:20 PM

Quote from: pedrog on July 29, 2014, 05:41:17 PM

Quote from: cutepuppy on July 28, 2014, 10:57:24 PM

Quote from: pedrog on July 28, 2014, 09:16:17 PM

Quote from: escrow.dude on July 28, 2014, 09:04:14 PM

Quote from: minerpumpkin on July 28, 2014, 09:17:38 AM

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?

onlinepro

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Quote from: pedrog on July 29, 2014, 05:41:17 PM

Quote from: cutepuppy on July 28, 2014, 10:57:24 PM

Quote from: pedrog on July 28, 2014, 09:16:17 PM

Quote from: escrow.dude on July 28, 2014, 09:04:14 PM

Quote from: minerpumpkin on July 28, 2014, 09:17:38 AM

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.

pedrog

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Quote from: cutepuppy on July 28, 2014, 10:57:24 PM

Quote from: pedrog on July 28, 2014, 09:16:17 PM

Quote from: escrow.dude on July 28, 2014, 09:04:14 PM

Quote from: minerpumpkin on July 28, 2014, 09:17:38 AM

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.

Mitchell

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Quote from: b!z on July 29, 2014, 05:27:05 PM

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

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There's this movie about a time-based economy; I'm surprised nobody has mentioned it so far Grin

Skrillex

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oh aand little money Angry

Skrillex

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I wish, coz i got a lot of free time Undecided

Crypto_G

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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

Mitchell

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Quote from: Klubknuckle on July 29, 2014, 07:55:45 AM

Quote from: Mitchell on July 29, 2014, 06:20:43 AM

Quote from: ScryptAsic on July 28, 2014, 11:26:37 PM

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.

Klubknuckle

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Quote from: Mitchell on July 29, 2014, 06:20:43 AM

Quote from: ScryptAsic on July 28, 2014, 11:26:37 PM

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.

Mitchell

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Quote from: ScryptAsic on July 28, 2014, 11:26:37 PM

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

Brewins

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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.

lihuajkl

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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.

ScryptAsic

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I remember there is a movie that time= money, even staying alive need time, and the rich one would never die..

williamj2543

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Quote from: Bitcoin Magazine on July 18, 2014, 03:06:28 PM

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.

cutepuppy

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Quote from: pedrog on July 28, 2014, 09:16:17 PM

Quote from: escrow.dude on July 28, 2014, 09:04:14 PM

Quote from: minerpumpkin on July 28, 2014, 09:17:38 AM

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.

pedrog

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Quote from: escrow.dude on July 28, 2014, 09:04:14 PM

Quote from: minerpumpkin on July 28, 2014, 09:17:38 AM

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.

escrow.dude

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Quote from: minerpumpkin on July 28, 2014, 09:17:38 AM

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.

Lauda

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Terminated.

Quote from: Mitchell on July 28, 2014, 01:44:02 PM

Quote from: Lauda on July 28, 2014, 01:15:43 PM

I don't feel like any fucked up movies. Cheesy

Although the concept is interesting, I'm gonna say no due that the time of each of us is very limited.

It's a different kind of fucked up. It's nothing like the movie you watched yesterday Tongue

I'm still so messed up that I even forgot to type in 'watching' in that sentence. Cheesy

Quote from: monxter12 on July 28, 2014, 02:52:26 PM

if we think about this so this is a very serious discussion with us . you guys know that in some countries so many people for a long time in a day but after the end of the they get small amount so all efforts are worthless . I think this one is reason for corruption to grow in our world Sad

Well I know this. In some countries people work the whole year for $3000, while in other parts of the world people get that much or more per month.

monxter12

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if we think about this so this is a very serious discussion with us . you guys know that in some countries so many people for a long time in a day but after the end of the they get small amount so all efforts are worthless . I think this one is reason for corruption to grow in our world Sad

bitchon

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That would be an interesting concept to check out.

Mitchell

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Quote from: Lauda on July 28, 2014, 01:15:43 PM

Quote from: Mitchell on July 28, 2014, 12:46:29 PM

This reminds me of the movie "In Time" and that was some fucked up shit. It's a great movie though so I advice you to watch it Wink

I don't feel like any fucked up movies. Cheesy

Although the concept is interesting, I'm gonna say no due that the time of each of us is very limited.

It's a different kind of fucked up. It's nothing like the movie you watched yesterday Tongue

Lauda

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Quote from: Mitchell on July 28, 2014, 12:46:29 PM

This reminds me of the movie "In Time" and that was some fucked up shit. It's a great movie though so I advice you to watch it Wink

I don't feel like watching any fucked up movies. Cheesy

Although the concept is interesting, I'm gonna say no due that the time of each of us is very limited.

Mitchell

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This reminds me of the movie "In Time" and that was some fucked up shit. It's a great movie though so I advice you to watch it Wink

GrandmaJean

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Time does equal money. When you are working, you only get paid for the time that you work.

Saurav1

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If time = money than It would be impossible to lose money value... But this is not a good idea because time for everyone is the same..

Crypto_G

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Quote from: minerpumpkin on July 28, 2014, 09:17:38 AM

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?

Interesting makes me want to go and buy a time share for some reason... lol

minerpumpkin

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A pumpkin mines 27 hours a night

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?

shersingh

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Quote from: Crypto_G on July 28, 2014, 08:53:13 AM

Well if this is true so is this>

Mathematical proof:

1) Girls require Time and Money so:

Girls = Time x Money

2)we know that Time = Money so:

Girls = Money x Money = Money2

3)Money is the root of all evil (Money = sqrt-Evil) Therefore:

Girls = (sqrt-Evil)2

4) so finally it is proven:

Girls = l Evil l

Nice explanation by Math,
Time always more then worth Money.

Crypto_G

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Quote from: Bitcoin Magazine on July 18, 2014, 03:06:28 PM

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

This would lead to a world like the plot from the movie "In Time" Scary stuff....

Crypto_G

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Well if this is true so is this>

Mathematical proof:

1) Girls require Time and Money so:

Girls = Time x Money

2)we know that Time = Money so:

Girls = Money x Money = Money2

3)Money is the root of all evil (Money = sqrt-Evil) Therefore:

Girls = (sqrt-Evil)2

4) so finally it is proven:

Girls = l Evil l

pedrog

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'Repent, Harlequin!' Said the Ticktockman.

And you can also watch In Time.

Bitcoin Magazine

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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

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