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Researchers aim to make Internet bandwidth a global currency
- muerdeme 19y agoDidn't Enron have this idea before the shit hit the fan?
- cellis 19y agolol thats the first thing I was going to say when I saw this! Bravo
- rms 19y agoInternet bandwidth will make a terrible currency because historically the price of bandwidth decreases every year. A much better currency would be energy, water, or refined energy.
- kashif 19y agoYou can have all the bandwidth in the world but if my P2P's algorithm allows you to download based on your upload then its good. In other words don't confuse the pipe for the water.
- rms 19y agoThe pipe is useless without the water. The water is useless without the pipe. So perhaps if energy or water were made into a currency, it would need to include delivery or pickup at certain defined locations.
- euccastro 19y agoThen the currency is data ('upload', water), not the bandwidth (pipe), right?