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/biz/ - Business & Finance

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File: 205 KB, 790x524, yap.jpg [View same] [iqdb] [saucenao] [google]
56227970 No.56227970 [Reply] [Original]

Let me guess, you need a more portable currency?

Give me one reason why stone-backed currency that you can see and verify everyday shouldn't be the worldwide standard. I want these bad boys in my town square.

>> No.56228002

pizza delivery

>> No.56228033

>>56228002
1/1000th of a stone, and I will even throw in another 1/5000th tip for ya.

>> No.56228034

>>56228002
Backed, you wouldn't pay with stones
>>56227970
Stones are not equal to stones, are we talking sandstone, volcanic stones, basalt.... Also its possible to create specific minerals in a home lab, people could just inflate the asset backing the currency with a hobby lab, not a good idea

>> No.56228058

>>56228034
>people could just inflate the asset backing the currency with a hobby lab
No they can't, because everyone would notice if you just dumped another stone into the town square. It's actually impossible to forge this currency because the stones are the stones and that is it. It's the same reason you can't steal them, no one is going to take your stolen stone shares.

>> No.56228127

>>56228058
Then I misunderstood OP, we are talking about specific "holy" stones. Then deflation might become a problem, need to make sure no goods producer or service provider starts to destroy holy stones to inflate the price of his goods and services in relation to the holy stone

>> No.56228146

>to produce more stones you need energy
>limited amount of stones globally
>the more stones found the more energy required to receive next stones
Is this the original bitcoin?

>> No.56228220

>>56228146
the original party hat

>> No.56228230
File: 816 KB, 1600x900, yapbank.jpg [View same] [iqdb] [saucenao] [google]
56228230

>>56228127
You can still ward off deflation by adding stones.

>>56228146
>Is this the original bitcoin?
Except this is actually a real physical asset.

>> No.56228340

>>56228230
Now I'm confused, at one hand one can't create new stones but somehow new stones can be acquired when stones get destroyed by whatever. Guess the stones need some entity to bless them to make them legit holy stones. Like a stone fed

>> No.56228358
File: 50 KB, 600x450, Longnose Tribe Try Tricks Again.jpg [View same] [iqdb] [saucenao] [google]
56228358

>>56228340
>stone fed
Hmm. Grug remember this somewhere

>> No.56229553
File: 481 KB, 1224x1440, gold4.jpg [View same] [iqdb] [saucenao] [google]
56229553

>>56227970
do stonebugs really?
go back to your containment thread!

>> No.56229575

>>56229553
How can I long silver painted styrofoam?

>> No.56230517

>>56228002
you little faggots just don't want to work anymore do ya

>> No.56230545

>>56227970
is this one of those AI images with hidden text? I'm squinting at the thumbnail but I can't see anything...

>> No.56230568
File: 53 KB, 584x447, Stay Poor.jpg [View same] [iqdb] [saucenao] [google]
56230568

>>56230545
>he doesn't know
Nobody tell him I'm still accumulating

>> No.56230805

They fill stones with gold to scam you out of ur hard earned stone

>> No.56230856

1 STONE = 1 STONE

>> No.56230899

>>56227970
Because of trust. Lets say you sell something of value to "bob" for a stone, then try to spend the stone later and bob says you never sold him anything because bob wants to keep the stone. Its your work vs his and you otherwise have no recourse.

You can kinda overcome this with reputation and trust, or to have all transactions witnessed by everyone, but that only works in a small local community, where everyone trusts each other, but not in a modern, globally connected world with billions of participants where its impossible for everyone to know or trust each other.

>> No.56230979

>>56229553
Good luck trying to fake a stone bro

>stones, real money
>gold and silver, fake money