Which theory of money is correct ?! | Bitcointalksearch.org

Ukigo

jr. member

Activity: 42

Merit: 1000

Ok

Thanks for the feedback !

We'll do 3 things :
1) We'll fork the community, so we'll
   have two groups ( one of them will
   be control group).
2) we'll create several altcoins
   with slightly diff.
inflation properties.
So, users will vote for the best rate of inflation.

3) Monetary police ?! How can we
   install such thing into an altcoin ?

inge

sr. member

Activity: 298

Merit: 250

A "theory of money" can imply that you need a monetary policy…so be careful what you wish Wink

Regards, Inge

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: Ukigo on March 29, 2013, 03:33:03 AM

we need to choose right theory of money, describing real situation in cryptonomy

Actually we don't "need" to choose anything. The users will choose, all that you need to do is watch and find out.

The best money is the one that people prefer to use when they are acting freely.

mcgravier

member

Activity: 83

Merit: 10

Funny thing in economy, is that since you cant do large scale experiments with proper control group, you cant surely prove or disprove any of these theories.

Ukigo

jr. member

Activity: 42

Merit: 1000

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