1993-10-13 - Virtual City (tm) and Virtual Capitalism

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From: hughes@ah.com (Eric Hughes)
To: cypherpunks@toad.com
Message Hash: 098b22a3497b24f359e3f7a64ccb8728820695cee19bc81e5b20de68f3631a85
Message ID: <9310130126.AA11689@ah.com>
Reply To: <199310122006.AA04422@eff.org>
UTC Datetime: 1993-10-13 01:26:34 UTC
Raw Date: Tue, 12 Oct 93 18:26:34 PDT

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From: hughes@ah.com (Eric Hughes)
Date: Tue, 12 Oct 93 18:26:34 PDT
To: cypherpunks@toad.com
Subject: Virtual City (tm) and Virtual Capitalism
In-Reply-To: <199310122006.AA04422@eff.org>
Message-ID: <9310130126.AA11689@ah.com>
MIME-Version: 1.0
Content-Type: text/plain


>I agree that the whole idea is rather trivial, but it would seem to be a
>good test, at least: see if MUDdom will cooperate enough to have a
>networked form of MUDbucks.  

I wish to clarify a point here.  The system as I envision it would not
have a single currency.  Rather, each MUD/MOO would create its own
currency or currencies.  Interdomain transfer would be accomplished by
trading promissory notes.

As to what the money buys, at the very least it could buy those things
which resolve down to CPU time and disk space and network bandwidth.

Eric





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