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[-] Allonzee@lemmy.world 19 points 1 month ago

Assuming there is a future for us, big assumption, oh to be a fly on the wall when people are taught that in our era, already aware that we were destroying the planet with heavy industry, we decided to amp up the destruction by generating energy intensive to produce encrypted digital bullshit tokens with fake value as yet another thing to trade with one another just for the hell of it.

[-] partial_accumen@lemmy.world 9 points 1 month ago

Today, class, we'll be continuing our discussion on the early human economics centuries. Remember these key points for the quiz at the end of the week:

  • First they dug shiny gold out of the ground and traded it with one another until they ran out of gold
  • Then they traded paper made from trees representing the gold that they no longer traded because there wasn't enough of gold
  • When they finally wiped out trees, they could no longer create more paper to trade, so they started trading random bits of data.

All of this was before the Fortnite skins economy took over, but thats next week's lesson....

[-] kibiz0r@midwest.social 3 points 1 month ago

Tally sticks have more to do with the history of currency than gold does

[-] partial_accumen@lemmy.world 1 points 1 month ago

I'd originally written it to cover 20th and 21st century, but gold goes way back farther than that. I was out of interest to expand it.

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this post was submitted on 10 Jul 2024
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