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The Water Cooler
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Interesting new money
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<blockquote data-quote="Hobbes" data-source="post: 1509455" data-attributes="member: 3371"><p>That's kind of what I thought at first too.</p><p></p><p>But think of it this way:</p><p></p><p>Prime numbers are difficult to generate; They are more and more difficult to generate as they get larger.</p><p>So there is a mathematical limit to the amount of prime numbers we can 'discover', realistically.</p><p>We don't create prime numbers. They are created by God or Nature or whatever you believe in but they are not man made.</p><p>Since prime numbers are limited by nature to a certain level of discoverable elements they become a finite resource, like the number of ounces of gold or silver that exist on this planet.</p><p></p><p>Now, what makes them valuable as currency?</p><p>Well, what makes paper currency valuable?</p><p></p><p>And the difference is, there is no limit to the amount of paper currency that can be produced.</p><p>BUT, there is a limit to the prime numbers that we can discover.</p><p></p><p></p><p>I think it is an interesting concept that will evolve, over time, to a new form of currency.</p><p>I remember about 10 years ago trying to explain this new computer OS concept called <strong>Linux</strong>.</p></blockquote><p></p>
[QUOTE="Hobbes, post: 1509455, member: 3371"] That's kind of what I thought at first too. But think of it this way: Prime numbers are difficult to generate; They are more and more difficult to generate as they get larger. So there is a mathematical limit to the amount of prime numbers we can 'discover', realistically. We don't create prime numbers. They are created by God or Nature or whatever you believe in but they are not man made. Since prime numbers are limited by nature to a certain level of discoverable elements they become a finite resource, like the number of ounces of gold or silver that exist on this planet. Now, what makes them valuable as currency? Well, what makes paper currency valuable? And the difference is, there is no limit to the amount of paper currency that can be produced. BUT, there is a limit to the prime numbers that we can discover. I think it is an interesting concept that will evolve, over time, to a new form of currency. I remember about 10 years ago trying to explain this new computer OS concept called [B]Linux[/B]. [/QUOTE]
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