Bitcoin Forum
December 03, 2016, 12:24:39 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Hub Culture  (Read 891 times)
tyler
Jr. Member
*
Offline Offline

Activity: 42



View Profile
November 26, 2010, 09:18:03 AM
 #1

Have you guys ever checked out: http://en.wikipedia.org/wiki/Hub_Culture

[ Public Key: http://pdxbrain.com/pubkey.rsa ] [ Donations: 1DGfqRVeoFHyZnTTtCrufNByrcdpgUuQ2K ] [ IRC: tylergillies ] [ Support Project Daemon ]

Agora, Anarchy, Action!
1480724679
Hero Member
*
Offline Offline

Posts: 1480724679

View Profile Personal Message (Offline)

Ignore
1480724679
Reply with quote  #2

1480724679
Report to moderator
1480724679
Hero Member
*
Offline Offline

Posts: 1480724679

View Profile Personal Message (Offline)

Ignore
1480724679
Reply with quote  #2

1480724679
Report to moderator
1480724679
Hero Member
*
Offline Offline

Posts: 1480724679

View Profile Personal Message (Offline)

Ignore
1480724679
Reply with quote  #2

1480724679
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480724679
Hero Member
*
Offline Offline

Posts: 1480724679

View Profile Personal Message (Offline)

Ignore
1480724679
Reply with quote  #2

1480724679
Report to moderator
1480724679
Hero Member
*
Offline Offline

Posts: 1480724679

View Profile Personal Message (Offline)

Ignore
1480724679
Reply with quote  #2

1480724679
Report to moderator
1480724679
Hero Member
*
Offline Offline

Posts: 1480724679

View Profile Personal Message (Offline)

Ignore
1480724679
Reply with quote  #2

1480724679
Report to moderator
Timo Y
Legendary
*
Offline Offline

Activity: 938


bitcoin - the aerogel of money


View Profile
November 26, 2010, 09:53:18 AM
 #2

Have you guys ever checked out: http://en.wikipedia.org/wiki/Hub_Culture

I have the impression that they are being deliberately secretive as to how exactly the price of the Ven is determined. At least I couldn't find a satisfactory explanation of the mechanics anywhere on the site.

Is the price fixed by the central authority (Gekko Global Markets - deliberately ironic choice of name?)  using a basket of commodities?

Or is the price allowed to float freely?

Seems to be both, or a combination of the two.  In any case this currency is far too centralised and far too closed for my taste.

But I really liked their idea of pavillions.   Would be a great way to promote bitcoin and to allow people to trade face-to-face.

GPG ID: FA868D77   bitcoin-otc:forever-d
Anonymous
Guest

November 27, 2010, 01:31:31 AM
 #3

Someone could exchange their currency for bitcoins quite easily.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!