Bitcoin Forum
April 26, 2024, 03:17:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Story illustrating deflationary model  (Read 681 times)
frisco2 (OP)
Sr. Member
****
Offline Offline

Activity: 312
Merit: 265


View Profile
December 22, 2011, 05:41:21 PM
 #1

Hi,

I wrote a fairy tale illustrating a business model based on deflationary model.  In my tale there is 1 gold coin, and it eventually gets split into smaller pieces to satisfy market demand. 

Full article:  http://rarden.blogspot.com/2011/11/tale-of-coin.html

Crosspass -- a simple way to send passwords, encryption keys, bitcoin addresses, etc.
1714101434
Hero Member
*
Offline Offline

Posts: 1714101434

View Profile Personal Message (Offline)

Ignore
1714101434
Reply with quote  #2

1714101434
Report to moderator
1714101434
Hero Member
*
Offline Offline

Posts: 1714101434

View Profile Personal Message (Offline)

Ignore
1714101434
Reply with quote  #2

1714101434
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714101434
Hero Member
*
Offline Offline

Posts: 1714101434

View Profile Personal Message (Offline)

Ignore
1714101434
Reply with quote  #2

1714101434
Report to moderator
1714101434
Hero Member
*
Offline Offline

Posts: 1714101434

View Profile Personal Message (Offline)

Ignore
1714101434
Reply with quote  #2

1714101434
Report to moderator
altuin
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
December 23, 2011, 04:44:34 AM
 #2

Change their names from walter frank and pete to their proffessions (fisherman water-man, farmer) it's hard to remember who's whom
paraipan
In memoriam
Legendary
*
Offline Offline

Activity: 924
Merit: 1004


Firstbits: 1pirata


View Profile WWW
December 23, 2011, 04:54:01 AM
 #3

nice story, agree with altuin it's hard to remember who is who heh

You made me remember at the end of it how people were different not too long ago, especially those who lived in rural areas. They used to let you in their home and treat you like another member of their family giving you food, shelter or whatever was needed for almost nothing.
I was to young to remember all the details but i think they lived better than us today, their money worthed something, like my grandfather used to say.

BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
jddebug
Sr. Member
****
Offline Offline

Activity: 446
Merit: 250



View Profile
December 25, 2011, 03:22:43 AM
 #4

I was thinking as I read the story that the visitors to their village must have had some form or coin themselves. Especially if they were traveling. Wondering how that might have effected things. I liked the story. Very original names for the kids btw.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!