[geodesic 00114] cosmic accounting

[Dick Fischbeck]

Tim- Please explain. I'm not clear on your meaning.

I think there is still an information accounting system of pure information in Bucky's proposal of cosmic accounting. The difference is the units are based on energy, not what we have now (what ever that is).

Dick


> Tim Tyler" <tim at tt1.org>
> Message-ID: <4906B8A7.5010101 at tt1.org>
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> 
> Joe S Moore wrote:
> 
> > This is the clearest explanation of "Cosmic
> Accounting" that I have ever heard--even from Bucky:
> >
> > http://www.youtube.com/watch?v=G0Hw8m3yDV4
> >   
> 
> A /very/ bad idea.  Energy is difficult to move about,
> whereas information
> is easy.  This would represent /huge/ friction on the
> global economy, and
> would collectively cost the planet billions.
> 
> A "real" currency /would/ make forgery harder -
> but that's not a big 
> problem,
> and ultimately, we know how to deal with it using
> cryptography if we 
> need to.