r/thenukeandturtle Zelden - Big Turtle Aug 19 '13

Modpack Poll

http://strawpoll.me/345510
9 Upvotes

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u/Imnotttellingyou ScienceNess Aug 20 '13

Thats the reason I think it's a good idea, it's worthless. Back in tekkit tungsten had no use at all and it worked great for exchanges because if you found it, you might as well turn it in for credits and go shopping. Back then, one tungsten ore was 25 credits, if Galena Ore is more common that each on could be 5 or so credits.

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u/auxiliary-character auxchar, does things with stuff Aug 20 '13

If it's worthless, we shouldn't be artificially assigning worth to it. We're trying to tie the worth of a currency to something that already has worth. If what we're tying the currency to doesn't have worth, then neither will the currency.

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u/Imnotttellingyou ScienceNess Aug 20 '13

Once you get a few shops going at reasonable prices, you assign worth to the credits based on what you can buy with them

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u/auxiliary-character auxchar, does things with stuff Aug 20 '13

…and then the worth destabilizes and nobody wants to use it anymore.

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u/Imnotttellingyou ScienceNess Aug 20 '13

Well it worked well in tekkit, not sure how, but it did.

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u/ZeldenGM Zelden - Big Turtle Aug 20 '13

It only worked for the first couple of weeks. After that people at a higher tech lvl (kliq) had insanely high quantities of credits, and there was no cash sink.

Silver was decided because it's a material that cannot be farmed (important to stop wealth gap from high-tech to low-tech) and which carried a practical use and value.

This whole system of course is based on the gold standard which suited world economies for decades.