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Thread: Space Currency

  1. #1
    Ishman is offline Senior Member Always Around
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    Default Space Currency

    Is real.


    "The foreign exchange company Travelex has invented a unit of currency designed to be used in space commerce, the Quasi Universal Intergalactic Denomination (QUID). The QUID is made of a space-qualified plastic, with round edges to prevent injuries in zero gravity. One QUID is equivalent to about 6.25 pounds, 12.50 dollars or 8.68 Euros. Of course, space currencies are already a staple of science fiction, with 'credits' being the most popular."

    Discuss.

  2. #2
    _Vincent_ is offline Senior Member Community Builder
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    "Anything with sharp edges, like coins, would be a risk to astronauts while the chips and magnetic strips used in our cards on Earth would be damaged beyond repair by cosmic radiation," he added.
    coins have sharp edges? its round @_@

    ediitng
    Last edited by _Vincent_; 10-07-2007 at 12:01 AM.

  3. #3
    Raszagal is offline Senior Member Community Builder
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    Lol ^^ You never know when one of those bad boys can cut you..

  4. #4
    shautieh's Avatar
    shautieh is offline Senior Member Community Builder
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    The names sucks and the coins look like kiddy toys :s

  5. #5
    neruke is offline Senior Member Long Time Member
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    Its just stupid.
    On Earth we use Dollars or Euros to get goods from other humans on this planet.

    If there is a moon collony in the future, i'm sure they will use some sort of electronic credit system to do transactivities with Earth. And dont use some tons of plastic chips.

  6. #6
    Ishman is offline Senior Member Always Around
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    ... your the stupid one.

    Lag times are far too great for effective electronic transactions at such distances, and larger distances only exacberate the problems involved.

  7. #7
    neruke is offline Senior Member Long Time Member
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    It only takes 1.2 second for radio transmissions to the moon.
    I dont see any problem with electronic payment there.
    Besides... you would have to transport tons of these chips into space, and since weight is expensive to transport, it doenst make much sense for moon collonies or even mars colonies.

    The day we have access to the technology to move into space effordless (without rockets), the day we go further into space then mars... on this day we wont need money anymore.

  8. #8
    Ishman is offline Senior Member Always Around
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    ... no.

    Do you realize the difficulties that a time lag of that magnitude would create?

    A transaction with a 2.4 second round time communication lag would be pitifully easy to crack, rendering all such transactions useless, ignoring the fact that said time lag would make the back and forth communications required for such a transaction impossibly clumsy.

    Try exercising some thought before posting, please.

  9. #9
    adonai is offline Senior Member Community Builder
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    Why would you consider time lag a problem at all?


    The entire purpose of hard current in this case would be to carry it from Earth to someplace in space (or from from one off Earth location to another). Practically, this is done once (ie someone goes somewhere and carry 100 QUIDs with him to spend there). Once there, he uses that, and only that.

    In another scenario that same person makes one electronic transfer from the Earth to elsewhere, once there, whatever local system is in place takes cares of his transactions.

    As long as that single transaction is secure, there should be no problem.

  10. #10
    loca93 is offline Senior Member Always Around
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    Lets rob some space aliens! I call shotgun.


 

 
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