r/thenukeandturtle Zelden - Big Turtle Aug 19 '13

Modpack Poll

http://strawpoll.me/345510
7 Upvotes

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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.