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Now we need a Zimbabwean, down to earth, algorithmic stable cow. We’ll call it TerraZIMC, and it will be backed by our free floating crypto currency TerraMoona.
by devoutsalsa 4y ago
Now we need a Zimbabwean, down to earth, algorithmic stable cow. We’ll call it TerraZIMC, and it will be backed by our free floating crypto currency TerraMoona. If someone milks the system too much & udderly destroys currency, you can take your beef to the chief bullshitter.
- chirau 4y agoLol. Good Pun. On a serious note, that TerraZIMC already exists. It is the Brahman. The value of everything (other cows, cars, wives, houses, insurance policies etc) can be measured in Brahman cows. It is inflation proof as well as it is effectively barter. People love talking about hyperinflation in Zimbabwe and stuff, most people just defaulted to their normal trade. How many Brahman cows is your stuff worth? Oh the price is too small to measure in cows? No problem. A Brahman cow is about 200 chickens on average. So for smaller transactions, how many chickens is your stuff worth? The people who struggled the most during Zimbabwe's hyperinflation were the city people who did not own any animals. For the people in the rural areas, not much changed, besides city people coming and talking crazy numbers. The majority of people live outside the cities and trade as they always do. That chicken can also be divided into heads of corn if need be. The dollar only becomes a concern when you trade with the city kids who have no assets to their name and can only use money.
- imtringued 4y agoI just want honest proof of cattle.
- krapp 4y agoDon't you mean... proof of steak?
- jeffparsons 4y agoAh, steak jokes. A rare medium well-done.
- deleted 4y ago[deleted]
- devoutsalsa 4y agoThis is definitely the preferred method. Proof of work videos would only be attractive to those with an interest in animal husbandry.