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EulerLagrangodamus - bank/acc pfp
EulerLagrangodamus - bank/acc
@eulerlagrange.eth
Blockchains are fundamentally a local phenomenon wrt astronomy. The speed of light poses issues with synchronizing state across large distances. So if we proliferate the universe, crypto will be fractured.
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Dean Pierce πŸ‘¨β€πŸ’»πŸŒŽπŸŒ pfp
Dean Pierce πŸ‘¨β€πŸ’»πŸŒŽπŸŒ
@deanpierce.eth
The book Neptune's Brood plays with this mechanic in a really fun way. They have the concept of fast money (in local systems) and slow money (for moving value between star systems) and complex derivatives used to fund planetary infrastructure. Also it's a heist story 😁 https://en.wikipedia.org/wiki/Neptune%27s_Brood
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Dean Pierce πŸ‘¨β€πŸ’»πŸŒŽπŸŒ pfp
Dean Pierce πŸ‘¨β€πŸ’»πŸŒŽπŸŒ
@deanpierce.eth
"The setting of Neptune's Brood is the part of the galaxy that has since been colonized with slower than light travel. A large part of the plot turns on the question of financing such colonization.[2][5] Money is entirely cryptocurrency and is known as "bitcoin", an intentional reference by Stross to the real-life cryptocurrency.[6][7] Money has been divided into three classes: "fast", "medium", "slow". Fast money is ordinary day-to-day cash, medium money is ordinary investment instruments, suitable for use within a single planetary system, and slow money is interstellar investment instruments, understood to take centuries, even millennia, to mature. Slow money transactions rely on a three-way cryptoverification scheme, and so trade at one-third the speed of light."
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