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Programmable or 'purpose-bound' money is coming
- spraveenitpro 3y ago[dead]
- ssss11 3y agosometimes things that can be done with technology shouldn’t be done
- deleted 3y ago[deleted]
- pjkundert 3y agoThanks, you can keep your “money”. We have choices now.
- ccvannorman 3y agoIsn't this just vouchers or coupons with extra steps? Locking money to a purpose has been done at casinos for a long time; "but now with tech" > INTERVIEW As the tide of enthusiasm for cryptocurrency ebbs, new forms of digital currency are emerging, including something called purpose bound money (PBM) – digibucks that can only be spent in certain ways coded into them by their issuers, or would only change hands under certain conditions. > The core idea of PBM is that its issuer can stipulate what the digicash is used for, who it can be transferred to, daily spending limits, and even give it a use-by date. The number of constraints imposed on the instruments can be many or none. That's called coupons. Save your time and skip this article.
- Narciss 3y agoA couple of years ago I built The Gratitude Coin - it was a token that was programmed so that every time you bought or sold it, you could write what you are grateful for and it would get stored in the blockchain. https://dex.thesacred.xyz/ https://dex.thesacred.xyz/ Then those messages could go on X as well if you wanted it. https://x.com/coinmessages https://x.com/coinmessages It was built on top of the sacred coin protocol which I had built - basically, coins that were built with a purpose in mind. https://www.thesacred.xyz/ https://www.thesacred.xyz/ Reading what I wrote in this last website really made me laugh. This was a trip down memory lane. I really wanna pick up my project back up when I get some time