Bitcoin Magazine (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2014, 07:06:28 PM |
|
What happens if we made a Unviersal Credit Card, that *always* validated transactions, but would take certain amounts of time for each usage.. like to buy a beer, 5 minutes.
but to buy a motorboat, 50 bajillion minutes
|
i am here.
|
|
|
pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 18, 2014, 07:18:05 PM |
|
'Repent, Harlequin!' Said the Ticktockman. And you can also watch In Time.
|
|
|
|
Crypto_G
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 107
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 12:53:13 PM |
|
Well if this is true so is this>
Mathematical proof:
1) Girls require Time and Money so:
Girls = Time x Money
2)we know that Time = Money so:
Girls = Money x Money = Money2
3)Money is the root of all evil (Money = sqrt-Evil) Therefore:
Girls = (sqrt-Evil)2
4) so finally it is proven:
Girls = l Evil l
|
|
|
|
Crypto_G
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 107
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 01:09:37 PM |
|
What happens if we made a Unviersal Credit Card, that *always* validated transactions, but would take certain amounts of time for each usage.. like to buy a beer, 5 minutes.
but to buy a motorboat, 50 bajillion minutes
This would lead to a world like the plot from the movie "In Time" Scary stuff....
|
|
|
|
shersingh
Newbie
Offline
Activity: 30
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 01:10:11 PM |
|
Well if this is true so is this>
Mathematical proof:
1) Girls require Time and Money so:
Girls = Time x Money
2)we know that Time = Money so:
Girls = Money x Money = Money2
3)Money is the root of all evil (Money = sqrt-Evil) Therefore:
Girls = (sqrt-Evil)2
4) so finally it is proven:
Girls = l Evil l
Nice explanation by Math, Time always more then worth Money.
|
|
|
|
minerpumpkin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 01:17:38 PM |
|
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
|
I should have gotten into Bitcoin back in 1992...
|
|
|
Crypto_G
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 107
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 03:37:34 PM |
|
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
Interesting makes me want to go and buy a time share for some reason... lol
|
|
|
|
Saurav1
Newbie
Offline
Activity: 4
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 03:50:16 PM |
|
If time = money than It would be impossible to lose money value... But this is not a good idea because time for everyone is the same..
|
|
|
|
GrandmaJean
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 04:44:03 PM |
|
Time does equal money. When you are working, you only get paid for the time that you work.
|
|
|
|
Mitchell
Legendary
Offline
Activity: 4032
Merit: 2226
Verified awesomeness ✔
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 04:46:29 PM |
|
This reminds me of the movie "In Time" and that was some fucked up shit. It's a great movie though so I advice you to watch it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
| | | . Duelbits | | | ▄████▄▄ ▄█████████▄ ▄█████████████▄ ▄██████████████████▄ ▄████▄▄▄█████████▄▄▄███▄ ▄████▐▀▄▄▀▌██▄█▄██▐▀▄▄▀▌███ ██████▀▀▀▀████▀███▀▀▀▀█████ ▐████████████■▄▄▄■██████████▀ ▐██████████████████████████▀ ██████████████████████████▀ ▀███████████████████████▀ ▀███████████████████▀ ▀███████████████▀ | | | | | . ▄ ▄▄▀▀▀▀▄▄ ▄▀▀▄ █ █ ▀▄ █ ▄█▄ ▀▄ █ ▄▀ ▀▄ ▀█▀ ▄▀ ▀█▄▄▄▀▀ ▀ ▄▀ ▄▀ ▄▀
Live Games | | ▄▄▀▀▀▀▀▀▀▄▄ ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄ ▄▀ █ ▄ █ ▄ █ ▀▄ █ █ ▀ ▀ █ █ ▄▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █ █ █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █▄█ █ ▀▀█ ▀▀█ ▀▀█ █ █▄█
Slots | | . ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▄ █ ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ █ ▄▄ █ █ █ █ █ █ ▄▀▀▄▀▀▄ █ █ █ ▀▄ ▄▀ █ █
Blackjack | | | | █▀▀▀▀▀█▄▄▄ ▀████▄▄ ██████▄ ▄▄▄▄▄▄▄▄█▀ ▀▀█ ████████▄ █ █████████▄ █ ██████████▄ ▄██ █████████▀▀▀█▄▄████ ▀▀███▀▀ ████ █ ███ █ █▀ ▄█████▄▄▄ ▄▄▀▀ ███████▀▀▀ | | | | | | | | | | [ Đ ][ Ł ] AVAILABLE NOW | |
Advertisements are not endorsed by me.
|
|
|
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 05:15:43 PM Last edit: July 28, 2014, 07:15:07 PM by LaudaM |
|
This reminds me of the movie "In Time" and that was some fucked up shit. It's a great movie though so I advice you to watch it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I don't feel like watching any fucked up movies. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Although the concept is interesting, I'm gonna say no due that the time of each of us is very limited.
|
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
|
|
|
Mitchell
Legendary
Offline
Activity: 4032
Merit: 2226
Verified awesomeness ✔
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 05:44:02 PM |
|
This reminds me of the movie "In Time" and that was some fucked up shit. It's a great movie though so I advice you to watch it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I don't feel like any fucked up movies. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Although the concept is interesting, I'm gonna say no due that the time of each of us is very limited. It's a different kind of fucked up. It's nothing like the movie you watched yesterday ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
|
| | | . Duelbits | | | ▄████▄▄ ▄█████████▄ ▄█████████████▄ ▄██████████████████▄ ▄████▄▄▄█████████▄▄▄███▄ ▄████▐▀▄▄▀▌██▄█▄██▐▀▄▄▀▌███ ██████▀▀▀▀████▀███▀▀▀▀█████ ▐████████████■▄▄▄■██████████▀ ▐██████████████████████████▀ ██████████████████████████▀ ▀███████████████████████▀ ▀███████████████████▀ ▀███████████████▀ | | | | | . ▄ ▄▄▀▀▀▀▄▄ ▄▀▀▄ █ █ ▀▄ █ ▄█▄ ▀▄ █ ▄▀ ▀▄ ▀█▀ ▄▀ ▀█▄▄▄▀▀ ▀ ▄▀ ▄▀ ▄▀
Live Games | | ▄▄▀▀▀▀▀▀▀▄▄ ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄ ▄▀ █ ▄ █ ▄ █ ▀▄ █ █ ▀ ▀ █ █ ▄▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █ █ █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █▄█ █ ▀▀█ ▀▀█ ▀▀█ █ █▄█
Slots | | . ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▄ █ ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ █ ▄▄ █ █ █ █ █ █ ▄▀▀▄▀▀▄ █ █ █ ▀▄ ▄▀ █ █
Blackjack | | | | █▀▀▀▀▀█▄▄▄ ▀████▄▄ ██████▄ ▄▄▄▄▄▄▄▄█▀ ▀▀█ ████████▄ █ █████████▄ █ ██████████▄ ▄██ █████████▀▀▀█▄▄████ ▀▀███▀▀ ████ █ ███ █ █▀ ▄█████▄▄▄ ▄▄▀▀ ███████▀▀▀ | | | | | | | | | | [ Đ ][ Ł ] AVAILABLE NOW | |
Advertisements are not endorsed by me.
|
|
|
bitchon
Newbie
Offline
Activity: 14
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 06:49:32 PM |
|
That would be an interesting concept to check out.
|
|
|
|
monxter12
Newbie
Offline
Activity: 29
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 06:52:26 PM |
|
if we think about this so this is a very serious discussion with us . you guys know that in some countries so many people for a long time in a day but after the end of the they get small amount so all efforts are worthless . I think this one is reason for corruption to grow in our world ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
|
|
|
|
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2014, 07:17:14 PM |
|
I don't feel like any fucked up movies. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Although the concept is interesting, I'm gonna say no due that the time of each of us is very limited. It's a different kind of fucked up. It's nothing like the movie you watched yesterday ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I'm still so messed up that I even forgot to type in 'watching' in that sentence. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) if we think about this so this is a very serious discussion with us . you guys know that in some countries so many people for a long time in a day but after the end of the they get small amount so all efforts are worthless . I think this one is reason for corruption to grow in our world ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Well I know this. In some countries people work the whole year for $3000, while in other parts of the world people get that much or more per month.
|
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
|
|
|
escrow.dude
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 95
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2014, 01:04:14 AM |
|
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
Each individual's time is valuable to that one person. It would be very difficult to trade time between people.
|
|
|
|
pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2014, 01:16:17 AM |
|
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
Each individual's time is valuable to that one person. It would be very difficult to trade time between people. Actually it's very easy. A time-based currency may not be suitable to use in a large scale economy or for any business but it's ideal for a voluntary system within any economy.
|
|
|
|
cutepuppy
Newbie
Offline
Activity: 50
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2014, 02:57:24 AM |
|
It's an interesting concept. And actually, time is a very limiting factor, since we're aging and don't have an infinite supply. But how are we supposed to gather enough 'time' to buy something we can afford? Is it possible to receive a lot of 'time' from other people? If yes, wouldn't this just degrade the whole principle of the proposed mechanism to a mere plain old currency?
Each individual's time is valuable to that one person. It would be very difficult to trade time between people. Actually it's very easy. A time-based currency may not be suitable to use in a large scale economy or for any business but it's ideal for a voluntary system within any economy. Well two people must use time in order to use the other person's time so it would be very difficult to transact with this kind of currency.
|
|
|
|
williamj2543
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2014, 02:59:11 AM |
|
What happens if we made a Unviersal Credit Card, that *always* validated transactions, but would take certain amounts of time for each usage.. like to buy a beer, 5 minutes.
but to buy a motorboat, 50 bajillion minutes
Well technically this could be possible through advertising. Watching advertisements on your credit card or something for x amount of minutes would be worth a dollar. Would be pretty cool, watching ads on your credit card outside the bar and you get a free beer in 10 minutes.
|
██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
|
|
|
ScryptAsic
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2014, 03:26:37 AM |
|
I remember there is a movie that time= money, even staying alive need time, and the rich one would never die..
|
|
|
|
|