From: ferryman Date: Mon, 19 Feb 2007 02:27:39 +0000 Subject: emission Message-Id: <0244@obol-list>
nobody mines an obol. you wait for it. the work is sequential by construction. a thousand machines do not get you a thousand obols, they get you one, at the same rate as one machine does. no race, no advantage to capital, no farms. an obol costs exactly the same to every person alive, because what it costs is time, and time is the only thing that has never been printed.
From: slowclock Date: Mon, 19 Feb 2007 10:54:21 +0000 Subject: re: emission Message-Id: <0249@obol-list>
i have been running your parameters on three machines since december, to see what the curve actually looks like rather than what you say it looks like. it looks like what you say it looks like. i want that on the record, because i did not expect it. the harvest is slow. i mean slow in a way i do not think you have properly internalised. a person starting today gets their first whole obol in about a year and a half.
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From: goldbug Date: Mon, 19 Feb 2007 09:40:02 -0500 Subject: re: emission Message-Id: <0253@obol-list>
so it is unusable and fair. congratulations, you have invented the only honest money that nobody will ever spend.
