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Ειναι μια προταση, βασισμενη στην ποσοτικη θεωρια του χρηματος. Ισχυει γενικα για το χρημα και οχι μονο για το bitcoin.
όπου:
Μ = ποσότητα χρήματος
V = ταχύτητα κυκλοφορίας του χρήματος
Ρ = δείκτης τιμών καταναλωτή
Q = ποσότητα αγαθών και υπηρεσιών
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Hi Vaourofakis. What are you going to do on the 28th when Merkel tells you to pay or GTFO¿?
The threat of "GTFO" reminds me a greek proverb: "Peismose o papas kai ekopse ta arxidia tou". LOL !! |
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The gold standard has failed in the past. The money supply must be controlled by mathematics and equations.
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According to the Book of Knowledge it´s an equation of exchange
M is the total nominal amount of money supply in circulation on average in an economy.
V is the velocity of money, that is the average frequency with which a unit of money is spent.
P is the price level.
Q is an index of real expenditures (on newly produced goods and services).
i think this equation it is realy variable... P it is associate to the high bitcoin volatility Q it is really hard to quantify!!! so, it is very hard to get some "understandable" result from it... IMAHO.... All informations, P,Q,V, are into the blockchain. |
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Κατα τη γνωμη μου δεν πρεπει να υπαρχει οριο αλλα ο αριθμος να ανεβοκατεβαινει και να υπολογιζεται αυτοματα απο τον Η/Υ, αναλογα με τις αναγκες της οικονομιας.
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is this thread a joke ? the total amount of bitcoins is already known , and not hard to check about 21m if i dont remember wrong
It is not a joke. It is a proposal, based on quantity theory of money. |
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Can somebody help me understand MV = PQ dimensionaly ?! If V is "speed" than it has to be, say, $ / sec ?? So what cancels time (seconds in this case)  !?! The Quantity Theory of Money https://www.youtube.com/watch?v=S-6SC1o6R8A |
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I m not talking about a central bank system. I m talking about a self-regulating, homeostatic "living organism" system.
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Oh, yes. It is the "E = mc2" of economics. The formula, tells you, how much money you must print.
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This formula solves the problems of inflation and deflation.
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Ο συνολικος αριθμος των bitcoins πρεπει να ειναι: M = (PQ) / V
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The total number of bitcoins must be: M = (PQ) / V
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Why you need a quantum computer?
To process quantum operations? I dont think you can do it with binary computer. What quantum operations? |
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So the proposal is something like creating a new crypto which the amount is based on relative amount of fiat money, right? Hmm. Why do we need that? Wouldn't that defeat the purpose and concept of crypto of going against inflation. So if Fiat is printing more money, in effect the value of that crypto is going down as well. It's like building something new on something which is already flawed.
We don't want the inflation nor the deflation. We want a self-regulatory system. If you know the three parameters V, P and Q you can calculate the money supply: M = (PQ) / V |
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Why you need a quantum computer?
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Is it possible to create a crypto based on the equation of the quantity theory of money MV = PQ?
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