Comment Re:Regulation of currency (Score 2) 240
Comment Re:Could your question be more generic? (Score 2) 531
Comment Re:Read the bill yourself it mentions nothing abou (Score 1) 917
Comment Re:Vive le Galt! (Score 2) 695
The market economy, based on deep human psychological propensities, is an extraordinarily effective societal instrumentality for planning and coordinating the production and distribution of scarce, rival, excludable commodities.
Submission + - Apparent Theft at Mt. Gox Shakes Bitcoin World (nytimes.com)
'On Monday night, a number of leading Bitcoin companies jointly announced that Mt. Gox, the largest exchange for most of Bitcoin’s existence, was planning to file for bankruptcy after months of technological problems and what appeared to have been a major theft. A document circulating widely in the Bitcoin world said the company had lost 744,000 Bitcoins in a theft that had gone unnoticed for years. That would be about 6 percent of the 12.4 million Bitcoins in circulation.'
Maybe the U.S. Dollar isn't so bad after all.
Comment Re:Deus Ex: Human Revolution (Score 1) 669
Comment Re:Batman (Score 1) 669
Comment Re:Adventure games (Score 1) 669
I also played through Beyond Good and Evil again not so long ago.
If you like Beyond Good & Evil, you should try Enslaved: Odyssey to the West, which was ported to Windows in October. I really enjoyed both.
Comment Re:the value in Bitcoin is in transactions (Score 1) 135
Comment Re:Then again, maybe it’s not the suits at a (Score 1) 357
Comment Re:rsync -- look at Unison! (Score 1) 168
Comment Re:Gold has value in a working economy (Score 1) 249
Petrol may well be more valuable than gold in a Mad Max scenario, but don't think for a moment that any collection of humans will not want a way to disintermediate their labor and have a means of trade.
Within their society they'd use reputation-based credit, and with outsiders they'd use petrol. It's not clear why they'd need gold at all in your example.