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Thread Statistics | Show CCP posts - 1 post(s) |
HeXxploiT
Little Red X
21
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Posted - 2014.05.07 17:46:00 -
[1] - Quote
Down with the elite and the digital currency which allows them to enslave us!
We demand a tactile currency that we can take from our wallets and put into our cargoholds and then get blowed up!
Make it so that isk can be removed from our wallets and moved about in  game.
A thing need not be necessary for it to be fun. |
Kaerakh
Surprisingly Deep Hole
200
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Posted - 2014.05.07 17:50:00 -
[2] - Quote
HeXxploiT wrote:Down with the elite and the digital currency which allows them to enslave us! We demand a tactile currency that we can take from our wallets and put into our cargoholds and then get blowed up! Make it so that isk can be removed from our wallets and moved about in game. A thing need not be necessary for it to be fun.
You mean PLEX? |
HeXxploiT
Little Red X
21
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Posted - 2014.05.07 17:55:00 -
[3] - Quote
Kaerakh wrote:HeXxploiT wrote:Down with the elite and the digital currency which allows them to enslave us! We demand a tactile currency that we can take from our wallets and put into our cargoholds and then get blowed up! Make it so that isk can be removed from our wallets and moved about in game. A thing need not be necessary for it to be fun. You mean PLEX?
Do i mean a 700 million dollar bill? No. I mean individual bills. |
LHA Tarawa
Pator Tech School
Minmatar Republic
974
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Posted - 2014.05.07 18:03:00 -
[4] - Quote
Kaerakh wrote:HeXxploiT wrote:Down with the elite and the digital currency which allows them to enslave us! We demand a tactile currency that we can take from our wallets and put into our cargoholds and then get blowed up! Make it so that isk can be removed from our wallets and moved about in game. A thing need not be necessary for it to be fun. You mean PLEX?
Make a wallet tax. Say 12% a year... 1% a month.. .03% a day.
No more worries of ISK expansion.
Reason for people to get ISK out of wallet and converted into stuffs that could boom. |
Velicitia
Arma Artificer
2170
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Posted - 2014.05.07 18:04:00 -
[5] - Quote
HeXxploiT wrote:Down with the elite and the digital currency which allows them to enslave us! We demand a tactile currency that we can take from our wallets and put into our cargoholds and then get blowed up! Make it so that isk can be removed from our wallets and moved about in game. A thing need not be necessary for it to be fun.
don't pretend to speak for all of us.
One of the bitter points of a good bittervet is the realisation that all those SP don't really do much, and that the newbie is having much more fun with what little he has. - Tippia |
Rivr Luzade
Coreli Corporation
Ineluctable.
487
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Posted - 2014.05.07 18:16:00 -
[6] - Quote
HeXxploiT wrote:Kaerakh wrote:HeXxploiT wrote:Down with the elite and the digital currency which allows them to enslave us! We demand a tactile currency that we can take from our wallets and put into our cargoholds and then get blowed up! Make it so that isk can be removed from our wallets and moved about in game. A thing need not be necessary for it to be fun. You mean PLEX? Do i mean a 700 million dollar bill? No. I mean individual bills.
700M bills? HAHA! Learn to play!
Also: No. |
HeXxploiT
Little Red X
21
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Posted - 2014.05.07 18:26:00 -
[7] - Quote
Also I would invite pilots to present any downside to having an actual physical currency although I can't imagine there are any. |
Arronicus
Ravens' Nest
Outlaw Horizon.
947
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Posted - 2014.05.07 18:38:00 -
[8] - Quote
I thought the bitcoin/catcoin/MLPcoin and all that other digital currency was being traded by neckbeards and tinfoilers because tactile currency was being used to enslave them. You've got it backwards, hexxploit. |
HeXxploiT
Little Red X
21
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Posted - 2014.05.07 18:43:00 -
[9] - Quote
Arronicus wrote:I thought the bitcoin/catcoin/MLPcoin and all that other digital currency was being traded by neckbeards and tinfoilers because tactile currency was being used to enslave them. You've got it backwards, hexxploit.
No, bitcoin and other digital currencies are traded because the greenback and other currencies have a crazy inflation rate not because digital is superior. Look at gold and silver. They have been the perfect example of a consistent & trustworthy tactile currency that if anything only goes up in value and has only done so historically. |
Riot Girl
You'll Cowards Don't Even Smoke Crack
3193
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Posted - 2014.05.07 18:54:00 -
[10] - Quote
Gold and silver aren't currency. They're resources which are a cause of inflation in the currencies you mentioned.
Oh god. |
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HeXxploiT
Little Red X
21
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Posted - 2014.05.07 18:59:00 -
[11] - Quote
Riot Girl wrote:Gold and silver aren't currency. They're resources which are a cause of inflation in the currencies you mentioned.
They aren't? Funny I thought they were the oldest types of currency on the planet.
At least all the nations on earth who horde & stockpile them seem to think so.
Please explain how they cause inflation so that we can understand. |
Rivr Luzade
Coreli Corporation
Ineluctable.
487
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Posted - 2014.05.07 19:06:00 -
[12] - Quote
HeXxploiT wrote:Riot Girl wrote:Gold and silver aren't currency. They're resources which are a cause of inflation in the currencies you mentioned. They aren't? Funny I thought they were the oldest types of currency on the planet. At least all the nations on earth who horde & stockpile them seem to think so. Please explain how they cause inflation so that we can understand.
The oldest currency on the planet are natural goods that you can use for useful things. Getting yourself a necklace is not a useful thing.
Just for the sake of it: Tactile money is hard to transfer in space. And if you use cashless economy, like we already do, why should we waste money on printing or minting tactile money.? |
Riot Girl
You'll Cowards Don't Even Smoke Crack
3193
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Posted - 2014.05.07 19:09:00 -
[13] - Quote
Currency is just a representation of resources. Gold and silver are limited in supply and there is always demand for those resources, so they are subject to the standard principles of supply and demand. When the perceived value of a resource increases, the perceived value of all other resources decreases relative to it. Because it's not practical for people to lower the prices of everything they sell every time the perceived value of a resource increases, the value of currency decreases instead. That is inflation.
Oh god. |
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ISD LackOfFaith
ISD Community Communications Liaisons
1440
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Posted - 2014.05.07 19:20:00 -
[14] - Quote
What?
ISD LackOfFaith
Commander
Community Communication Liaisons (CCLs)
Interstellar Services Department
I do not respond to Eve Mail or anything other than the forums. |
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Daichi Yamato
Xero Security and Technologies
1455
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Posted - 2014.05.07 19:23:00 -
[15] - Quote
trit, nocx and meg instead of bronze, silver and gold
and then morph can be diamond.
or AUR comes in bite size chunks. it can be ur paper money that says 'we promise to pay the bearer the sum of...'
EVE FAQ "7.2 CAN I AVOID PVP COMPLETELY?No; there are no systems or locations in New Eden where PvP may be completely avoided""So it will be up to a pilot to remain vigilant wherever they may be flying and be ready for anything at any time" |
HeXxploiT
Little Red X
21
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Posted - 2014.05.07 19:26:00 -
[16] - Quote
Riot Girl wrote:Currency is just a representation of resources. Gold and silver are limited in supply and there is always demand for those resources, so they are subject to the standard principles of supply and demand. When the perceived value of a resource increases, the perceived value of all other resources decreases relative to it. Because it's not practical for people to lower the prices of everything they sell every time the perceived value of a resource increases, the value of currency decreases instead. That is inflation.
Please show me a time in history when gold or silver has undergone inflation. I'll save you the trouble it hasn't ever happened in the history of mankind. In fact nations have tried to put a cap on these currencies because they do tend to go up in value when all other currencies go down(inflation). This is a GOOD thing if you are trading in that particular currency as it means one maintains ones wealth.
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HeXxploiT
Little Red X
21
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Posted - 2014.05.07 19:30:00 -
[17] - Quote
Daichi Yamato wrote:trit, nocx and meg instead of bronze, silver and gold
and then morph can be diamond.
or AUR comes in bite size chunks. it can be ur paper money that says 'we promise to pay the bearer the sum of...'
Great idea but even those substances you mentioned are not desirable enough. There are places in eve where you can pick them up consistently on market for 50% below their value. This would never happen with gold and silver. A true bill must be a promissory note guaranteeing the owner of a specific value. |
Riot Girl
You'll Cowards Don't Even Smoke Crack
3193
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Posted - 2014.05.07 19:44:00 -
[18] - Quote
HeXxploiT wrote:Please show me a time in history when gold or silver has undergone inflation. I'll save you the trouble it hasn't ever happened in the history of mankind.
There was a significant decrease in the value of gold last year.
Quote:In fact nations have tried to put a cap on these currencies because they do tend to go up in value when all other currencies go down(inflation). That's because they're a scarce resource which is always in demand. I don't see how a nation can put a cap on the perceived value of a resource, that would only increase the effects of inflation.
Oh god. |
shimiku
Black VooDoo Asassins
Cult of War
9
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Posted - 2014.05.07 19:46:00 -
[19] - Quote
im a bit lost here what do this add to the game ? because if you just want to loos stuff buy some crap and drop them in cargo hold |
Schmata Bastanold
Black Rebel Rifter Club
The Devil's Tattoo
1770
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Posted - 2014.05.07 19:48:00 -
[20] - Quote
Why?
Also if ISK would become an item could we buy/sell it on market? How much ISK would you pay me for my ISK?
I am not my skills but...
http://eveboard.com/pilot/Schmata_Bastanold |
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Antillie Sa'Kan
Forging Industries
Silent Infinity
385
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Posted - 2014.05.07 19:49:00 -
[21] - Quote
HeXxploiT wrote:Please show me a time in history when gold or silver has undergone inflation.
The Spanish Empire in the late 1500's. Both underwent severe inflation due to the influx of imports coming in from the new world. This subsequently led to the collapse of the Spanish economy and was one of the factors in the rise of the British Empire. Source 1. Source 2. |
Daichi Yamato
Xero Security and Technologies
1455
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Posted - 2014.05.07 20:50:00 -
[22] - Quote
HeXxploiT wrote:Daichi Yamato wrote:trit, nocx and meg instead of bronze, silver and gold
and then morph can be diamond.
or AUR comes in bite size chunks. it can be ur paper money that says 'we promise to pay the bearer the sum of...' Great idea but even those substances you mentioned are not desirable enough. There are places in eve where you can pick them up consistently on market for 50% below their value. This would never happen with gold and silver. A true bill must be a promissory note guaranteeing the owner of a specific value.
its literally impossible to buy something for 50% its value. so i guess u mean average trade price?
and it is possible to acquire gold and silver at lower than average trade price.
EVE FAQ "7.2 CAN I AVOID PVP COMPLETELY?No; there are no systems or locations in New Eden where PvP may be completely avoided""So it will be up to a pilot to remain vigilant wherever they may be flying and be ready for anything at any time" |
Adunh Slavy
1389
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Posted - 2014.05.07 21:23:00 -
[23] - Quote
I like the idea of being able to export our ISK as a 'thing' however in the game, what purpose does it serve?
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.-á-á- William Pitt |
Adunh Slavy
1389
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Posted - 2014.05.07 21:27:00 -
[24] - Quote
On another note, I suggest a few people in this thread read Carl Menger's Origins of Money, you'll perhaps look far less ignorant.
http://library.mises.org/books/Carl%20Menger/On%20the%20Origins%20of%20Money.pdf
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.-á-á- William Pitt |
Antillie Sa'Kan
Forging Industries
Silent Infinity
385
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Posted - 2014.05.07 21:41:00 -
[25] - Quote
HeXxploiT wrote:A true bill must be a promissory note guaranteeing the owner of a specific value.
Not true. For example US currency (and the world economy in general) hasn't been directly backed by gold or silver since the end of the gold standard in 1971.
Since the end of the gold standard in 1971, the US has operated on a fiat currency which is not backed by any precious metal or other commodity. This form of commerce allows for fluctuations in the global currency market that were not possible under the gold standard. Since the gold standard established a set amount of gold that could be purchased with a country's currency, it also set the value of that currency. By ending the gold standard, it opened the way for free markets. |
Aglais
Deep Core Mining Inc.
Caldari State
497
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Posted - 2014.05.07 21:51:00 -
[26] - Quote
HeXxploiT wrote:Also I would invite pilots to present any downside to having an actual physical currency although I can't imagine there are any.
Wouldn't this completely dissolve trade hubs? People already camp gates almost constantly, if you had to physically bring your money in your cargo hold in order to purchase anything there, trade hubs would vanish. Because almost everyone with buying intent dies, loses their money, and would either just not use trade hubs or ragequit depending on the quantities of ISK lost. |
Adunh Slavy
1389
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Posted - 2014.05.07 22:57:00 -
[27] - Quote
Antillie Sa'Kan wrote: By ending the gold standard, it opened the way for free markets.
100% absolutely wrong. Half of a transaction is controlled by a government or semi-government entity, primarily central banks. That is hardly a "free market".
Even with out manipulations of currency, a "free market" does not require 10,000 pages of regulations. When 10,000 pages of government rules, backed up by threats of violence, is "free", the Ministry of Truth clearly exists.
Orwell would be proud.
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.-á-á- William Pitt |
Adunh Slavy
1389
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Posted - 2014.05.07 23:09:00 -
[28] - Quote
Aglais wrote:HeXxploiT wrote:Also I would invite pilots to present any downside to having an actual physical currency although I can't imagine there are any. Wouldn't this completely dissolve trade hubs? People already camp gates almost constantly, if you had to physically bring your money in your cargo hold in order to purchase anything there, trade hubs would vanish. Because almost everyone with buying intent dies, loses their money, and would either just not use trade hubs or ragequit depending on the quantities of ISK lost.
I don't think the suggestion was that you *had* to have all of your ISK as physical. If that were the case, the hubs would likely have some trouble depending on a couple of things.
First, it would depend quite a bit on how 'big' exported ISK were. If the largest denomination were say a 100 ISK note, and the size were 0.01 M3 for each, then it would be tough to transport it. If on the other hand you could have a one billion ISK note that was 0.01 M3, then it would be much easier to transport.
If, in the case that the largest note were 100 ISK, the hubs would have a tough time. However if CCP also changed the market interface, such that "anything can be traded for anything", then something else might very well evolve as a money.
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.-á-á- William Pitt |
Riot Girl
You'll Cowards Don't Even Smoke Crack
3197
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Posted - 2014.05.07 23:14:00 -
[29] - Quote
If the post is directed at me, then the section about precious metals being used as money illustrates what I said earlier in the thread. I didn't read the rest as I assume that was the only relevant part.
Oh god. |
Adunh Slavy
1389
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Posted - 2014.05.07 23:14:00 -
[30] - Quote
Riot Girl wrote:They're resources which are a cause of inflation in the currencies you mentioned.
You've got that backwards. Over expansion of the supply of those currencies, (and credit denominated in that currency) is the ultimate cause of price inflation.
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.-á-á- William Pitt |
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