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...more mundanely, countries with lots of gold available to mine could manipulate the rest of the world's economies by strategically deciding when to grant or r
by sethg 18y ago
...more mundanely, countries with lots of gold available to mine could manipulate the rest of the world's economies by strategically deciding when to grant or restrict mining concessions.
It would be an interesting mathematical exercise to define a cryptocash-like token that could be subdivided indefinitely without being duplicated--you could use this token as the basis of a permanently fixed money supply. Not sure how useful that would be in real life, though.