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> How are the fundamental rules of economics different in space? Charles Stross explores interstellar economics in [0] and discusses his thinking in [1]. One k
by KineticLensman 7y ago
> How are the fundamental rules of economics different in space?
Charles Stross explores interstellar economics in [0] and discusses his thinking in [1]. One key idea is 'slow money' - "a digital currency backed by debt—the debt incurred by constructing a new interstellar colony". Transactions are slow (measured in years and decades) because the verification process involves laser comms between the participating star systems.
[0] https://en.wikipedia.org/wiki/Neptune%27s_Brood https://en.wikipedia.org/wiki/Neptune%27s_Brood
[1] http://www.antipope.org/charlie/blog-static/2014/09/crib-sheet-neptunes-brood.html http://www.antipope.org/charlie/blog-static/2014/09/crib-she...