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groundzeros2015today at 2:02 PM2 repliesview on HN

Bit flips in a database = years of people’s labor and planning


Replies

nixon_why69today at 2:06 PM

No, it's literally just bitflips. The supply of dollars increases by trillions a year between fractional reserve banking and, depending on the year, fed policy. We're not even printing them.

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wat10000today at 2:19 PM

An arbitrary score that's meant to represent said years, not the actual output of those years.

It's important to remember that money is not value. It's a score that's meant to represent value, but the value itself is entirely distinct.

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