Lyrisiana
Mature
- Joined
- Nov 18, 2009
- Posts
- 41
- Location
- Germany
- Avatar Name
- Lyrisiana Lyz Zianac
That blockchain technology, some tt value or even PED could technically be something else or something more complex instead bound to the $ or not be fixed to it statically with zero (or inflation) expected return p.a., possible to do indeed on a blockchain with no issues in respect to trust and risk involved.
Even if one does not want to 'go big' into tt value as an investment it certainly makes it more attractive to buy fancy stuff and also let it sit around if at least safe like bills then anyway, that could be an enormous sum in my eyes but nothing of relevance to a very rich person at the same time, well yes if safe like bills at least. Whatever it is that could also be visible and of use for others, you could be in a blockchain contract that forces you to let it stay there for a while and would do so more willingly if you can collect most of an interest rate not related to Entropia, the deal better if you choose unversal ammo maybe, something like that.
Your crystals grow on a farm together with that interest or whatever fitting ideas, not necessarily complicated but some 'show off‘ value or some kind of influence in relation to tt value comes to mind. Already of some importance now in the case of clothes for example, you prefer those that need less of an investment unless they look better (or you don‘t care if the difference is a few $).
Whatever fee for the new show would be visible up front in the blockchain contract especially and one could rely on the blockchain code that it happens in that way.
Is a basket of fiat currencies like the Libra idea better than the USD, problem there was Facebook is there for profit primarly but there are other choices afaik like saga.org which is backed by a reserve that emulates the special drawing rights of the international monetary fund. I‘m not an economist or affiliated to Saga but I understand there is a discussion if a 'global currency‘ like a basket of local currencies actually makes sense for private use or how much sense that makes. My own guess is it is of smaller relevance in comparison to the blockchain technology.
But even imagine a 10-20% world stock market index fund addition to that basket of currencies (i have more knowledge about portfolio construction than economics), that would look strange to some people I guess even if still quite stable and has better expected return than Libra or Saga alone. Now your crystals actually grow though in an unregular way and well yes that rare bigger shit that can happen to them. The actual point now beyond the blockchain solution for ownership and trust issues is the USD and its common volatility (and inflation) already, the problem more or less does exist already for many and even the overall -5% to -10% covid-19 'crash‘ in my more daring example that includes some stock is not that much different in magnitude (although more sudden). Of course not everyone would like something like that as the only choice and possible legal issues because this game is not investment advisment.
But whatever one could choose and like it is now already that money will not be completely stable everywhere in the world even if short term stability only is targeted or must be, a somewhat better solution than the promise to get back USD could be possible at some point as I see it. And especially this game could profit from that development.
Even if one does not want to 'go big' into tt value as an investment it certainly makes it more attractive to buy fancy stuff and also let it sit around if at least safe like bills then anyway, that could be an enormous sum in my eyes but nothing of relevance to a very rich person at the same time, well yes if safe like bills at least. Whatever it is that could also be visible and of use for others, you could be in a blockchain contract that forces you to let it stay there for a while and would do so more willingly if you can collect most of an interest rate not related to Entropia, the deal better if you choose unversal ammo maybe, something like that.
Your crystals grow on a farm together with that interest or whatever fitting ideas, not necessarily complicated but some 'show off‘ value or some kind of influence in relation to tt value comes to mind. Already of some importance now in the case of clothes for example, you prefer those that need less of an investment unless they look better (or you don‘t care if the difference is a few $).
Whatever fee for the new show would be visible up front in the blockchain contract especially and one could rely on the blockchain code that it happens in that way.
Is a basket of fiat currencies like the Libra idea better than the USD, problem there was Facebook is there for profit primarly but there are other choices afaik like saga.org which is backed by a reserve that emulates the special drawing rights of the international monetary fund. I‘m not an economist or affiliated to Saga but I understand there is a discussion if a 'global currency‘ like a basket of local currencies actually makes sense for private use or how much sense that makes. My own guess is it is of smaller relevance in comparison to the blockchain technology.
But even imagine a 10-20% world stock market index fund addition to that basket of currencies (i have more knowledge about portfolio construction than economics), that would look strange to some people I guess even if still quite stable and has better expected return than Libra or Saga alone. Now your crystals actually grow though in an unregular way and well yes that rare bigger shit that can happen to them. The actual point now beyond the blockchain solution for ownership and trust issues is the USD and its common volatility (and inflation) already, the problem more or less does exist already for many and even the overall -5% to -10% covid-19 'crash‘ in my more daring example that includes some stock is not that much different in magnitude (although more sudden). Of course not everyone would like something like that as the only choice and possible legal issues because this game is not investment advisment.
But whatever one could choose and like it is now already that money will not be completely stable everywhere in the world even if short term stability only is targeted or must be, a somewhat better solution than the promise to get back USD could be possible at some point as I see it. And especially this game could profit from that development.