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The restricted nature only serves to ensure that people don't produce an infinite amount of them, which would destroy any value they have. However, rarity doesn
by richardw 16y ago
The restricted nature only serves to ensure that people don't produce an infinite amount of them, which would destroy any value they have. However, rarity doesn't create value, it only helps to preserve value due to the absence of any single authority that can devalue it. The actual currency value derives from what you can do with it, namely purchase services or products.
Currently, that's where I see a lack. There seems to be more interest in trading the currency than using it for products or services. For a universe equal to $5 million, there's not much to buy. I'm a bit wary of putting my app for sale on the shrooms-and-heroin page, y'know?