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The other commentor is right. It doesn't even remotely describe the workings of the economy, especially at the galactic scale. Why do Ferengi care so much about
by sushisource 10y ago
The other commentor is right. It doesn't even remotely describe the workings of the economy, especially at the galactic scale. Why do Ferengi care so much about latinum? They still have access to replicators. Episodes frequently involve exchange of goods at variable prices, obviously blowing the command economy idea out of the water.
- metaphorm 10y agofrom memory (so possibly mistaken) latinum is both rare and impossible to replicate (for unexplained reasons). it is suitable for use as currency for those reasons. the Ferengi trade extensively with other civilizations that won't accept fiat currency. they need hard currency.
- logfromblammo 10y agoOne wonders why the Federation never told the Ferengi about the only currency ever successfully used on Earth after the invention of replicators, Dogecoin. I choose to retcon latinum as a device that physically encodes a cryptographic key, writes a signed hash into a subspace blockchain, and continually supplies computation power to the latinum validation network. It may look pretty, but it is actually a sophisticated ASIC that runs entirely on ambient photovoltaic energy. So you can replicate latinum, but in order for it to be worth anything, you have to possess a specific bar that the network has designated to be split, or you have to replicate more than all the other latinum already in existence, to perform a 51% attack on the network.
- qbrass 10y agoYou don't need to retcon latinum when you basically described how the Borg work. Assimilation is just adding people to their mining pool.