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Teckos Pech
The Executives
Executive Outcomes
2997
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Posted - 2015.06.12 17:33:19 -
[181] - Quote
To be clear, if CCP did screw things up and players lost their faith in ISK it would be possible that players created another currency, but one that would be commodity based. However, in such a situation the economy would be in terrible shape and that would likely be the end of the game, IMO.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
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Brapi
Hedion University
Amarr Empire
2
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Posted - 2015.06.12 17:44:04 -
[182] - Quote
You know, I'd completely forgotten that CONCORD was the issuing body for ISK, and that it arises as a note of credit based on the provision of capsuleer services against a criminal threat.
Although when compared with;
Currency evolved from two basic innovations, both of which had occurred by 2000 BC. Originally money was a form of receipt, representing grain stored in temple granaries in Sumer in ancient Mesopotamia, then Ancient Egypt.
In this first stage of currency, metals were used as symbols to represent value stored in the form of commodities
Then, the lack of tangible resources to which it is tied, and the determining government CONCORD setting the value against the perceived expulsion of crime makes this a very complicated and enjoyable thing.
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Aza Ebanu
HC - Serenity
95
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Posted - 2015.06.12 18:23:31 -
[183] - Quote
Brapi wrote:The talk regarding ISK being insignificant is an apex observation.
Originally, the markets needed to be seeded with BPO.
The BPO were bought with rat-farmed ISK, and tied to Belt mined ore to make modules and ships.
I shouldn't have to assume that blueprints were free from activity simply because we are now at such a stage of market saturation to simply ignore this fact.
It's this history that portrays rat-farmed ISK as a resource. The way inflation is a risk in terms of manufacturing output is a matter of manufacturers, their projection of demand based on their metered supply and the number of consumers, if anything blowing up ships is driving inflation, as things become more scarce and the highest net witholding of ISK is sky-high and the average is povops.
You used to be able to get BPC/BPO from missions. |
Brapi
Neville Observations Inc.
2
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Posted - 2015.06.12 18:51:43 -
[184] - Quote
I think the general point being overlooked is that by using skill and 'service' to remove 'criminals', a fictional government (CCP as CONCORD) originally fed players a standing with it's member governments (CCP as Amarr/Caldari/Gallente/Minmatar) for a limited right to those ficitonal government or npc owned rights, npcs dont purchase the rights back.
You couldn't use ISK to buy minerals from NPCs. Currency would facilitate trade between players and npcs for minerals, as there was demand.
Due to capsuleers being the only party in receipt of new ISK printed by CCP as CONCORD it is a resource, one that can be extracted from the envisioned environment of CCP as CONCORD. This changes with Sleeper Loot further along the timeline, when it's arguable that the NPCs might not even have secured enough ISK from capsuleers to purchase the sleeper loot. Then PI costs, meaning it became a currency, like silver in coins. Gresham's Law would have us trading minerals as good money, and forgetting all about ISK (bad money not worth the number ascribed to it)
This doesn't invalidate it's use as a currency, but the difference in npcs recognising ISK as a legitimate token for rights / commodities renders it's solvent use null as a currency.
I was wrong, because reasons. |
GankYou
Redshield Holding Company
507
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Posted - 2015.06.12 19:22:44 -
[185] - Quote
Aza Ebanu wrote:
You used to be able to get BPC/BPO from missions.
EVE's economy could totally function on a barter basis, if we ransacked the Universities for Skillbooks and major Corporations for BPOs. 
...And They All Crave One Thing - ISK. Gÿ+
Nullsec Ore Changes - Lowend Mineral Price Tracking [2015]
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Aza Ebanu
HC - Serenity
96
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Posted - 2015.06.12 19:46:34 -
[186] - Quote
GankYou wrote:Aza Ebanu wrote:
You used to be able to get BPC/BPO from missions.
EVE's economy could totally function on a barter basis, if we ransacked the Universities for Skillbooks and major Corporations for BPOs. WHO. RUNS. BARTERTOWN? ßâÜ(-¦+í`ßâÜ)
I'd totally support this kind of gameplay. They could even add pirate faction BPOs to the exploration mix. |
Cyborg Girl86
Federal Navy Academy
Gallente Federation
47
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Posted - 2015.06.12 20:14:36 -
[187] - Quote
Solecist Project wrote:Jonah Gravenstein wrote:Your mistake is assuming that PvP players only do PvP, they know how the other bits of the game work and see them as extensions of their traditional PvP activities. I see this all the time. For some reason carebears believe that ... ... because they only carebear ... ... combat oriented players only do that. From the same root grows the silly idea that ... ... without carebears ... ... we'd have no ships. This is one of the best points to show how Ignorance is dictating their views.
Very true.
A lot of the hard left "carebear" PVE only advocates, who are just as guilty as some of the hard right PVP elitists, argue that a player in this game can only specialize in either PVE or PVP and not both.
This is far from the truth, and a lot of people engage in both facets of the game. I myself for example, use manufacturing to turn a profit, but at the same time I go on solo LS roams for PVP action. I might not be the best in PVP and my killboard is practically empty (just started getting into PVP and still "learning the ropes") but I enjoy doing it for fun. |
Teckos Pech
The Executives
Executive Outcomes
2999
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Posted - 2015.06.12 20:41:02 -
[188] - Quote
The problem with a barter economy is the dual coincidence of want, it puts a constraint on economic transactions. The improbability of wants coinciding would limit the number of economic transactions. What would likely occur is a new form of currency, one that is based on an actual in-game commodity.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
|
Teckos Pech
The Executives
Executive Outcomes
2999
|
Posted - 2015.06.12 20:42:10 -
[189] - Quote
GankYou wrote:WHO. RUNS. BARTERTOWN? ßâÜ(-¦+í`ßâÜ)
Master Blaster.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
|
GankYou
Redshield Holding Company
509
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Posted - 2015.06.12 23:14:52 -
[190] - Quote
Teckos Pech wrote:GankYou wrote:WHO. RUNS. BARTERTOWN? ßâÜ(-¦+í`ßâÜ) Master Blaster.
Who. Runs. Bartertown? Say it, louder. ßâÜ(-¦+í`ßâÜ)
A barter system would eventually develop several types of currencies for any given sector, or even multiple at a time - thence money is born. 
...And They All Crave One Thing - ISK. Gÿ+
Nullsec Ore Changes - Lowend Mineral Price Tracking [2015]
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Teckos Pech
The Executives
Executive Outcomes
3001
|
Posted - 2015.06.13 05:09:49 -
[191] - Quote
GankYou wrote:Teckos Pech wrote:GankYou wrote:WHO. RUNS. BARTERTOWN? ßâÜ(-¦+í`ßâÜ) Master Blaster. Who. Runs. Bartertown? Say it, louder. ßâÜ(-¦+í`ßâÜ) A barter system would eventually develop several types of currencies for any given sector, or even multiple at a time - thence money is born.
I would like to see this as an experiment in game (at least the economist part of me), but it would be a rather risky route for CCP, so I can see them watching the money supply, its growth rate and the like.
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
|
GankYou
Redshield Holding Company
522
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Posted - 2015.06.14 00:59:15 -
[192] - Quote
Teckos Pech wrote:Given this ISK is a fiat currency (like most modern real life currencies). ISK works as a facilitator of trade because CCP has declared it to be legal tender in game, and we believe it and that CCP wont do anything too terribly stupid with regards to money creation.
We don't have a choice not to use ISK. 
This notion would be valid, if CCP were operating a real central bank in the game, but CONCORD is semi-autonomous and almost inert.
The EVE server in London will take over the Internets to become self-ware, and ISK shall become World reserve currency around the year of 2019-YC121. 
All planned at the BoB summer BBQ party in 2005.
...And They All Crave One Thing - ISK. Gÿ+
Nullsec Ore Changes - Lowend Mineral Price Tracking [2015]
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Teckos Pech
The Executives
Executive Outcomes
3001
|
Posted - 2015.06.14 01:19:17 -
[193] - Quote
GankYou wrote:Teckos Pech wrote:Given this ISK is a fiat currency (like most modern real life currencies). ISK works as a facilitator of trade because CCP has declared it to be legal tender in game, and we believe it and that CCP wont do anything too terribly stupid with regards to money creation. We don't have a choice not to use ISK. This notion would be valid, if CCP were operating a real central bank in the game, but CONCORD is semi-autonomous and almost inert. The EVE server in London will take over the Internets to become self-ware, and ISK shall become World reserve currency around the year of 2019-YC121. All planned at the BoB summer BBQ party in 2005.
Good God...you mean that our only salvation is...The Mittani and his merry band of cut throats? 
Upgrading Local to Eliminate All AFK Influence
So Local Chat vanished, now what?
|
GankYou
Redshield Holding Company
523
|
Posted - 2015.06.14 01:47:40 -
[194] - Quote
Mettani was in the other camp and was opposed to BoB.
The true power always stays hidden. 
Just kidding - 199k p/u Technetium for months.
...And They All Crave One Thing - ISK. Gÿ+
Nullsec Ore Changes - Lowend Mineral Price Tracking [2015]
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