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I'd prefer my money be made of ...

Displaying poll results.
Precious metals
  6949 votes / 22%
Base metals
  942 votes / 2%
Paper
  2064 votes / 6%
Plastic
  3433 votes / 10%
Electrons and math
  8510 votes / 26%
Why not just use evil itself?
  8028 votes / 25%
Some other option entirely
  1616 votes / 5%
31542 total votes.
[ Voting Booth | Other Polls | Back Home ]
  • Don't complain about lack of options. You've got to pick a few when you do multiple choice. Those are the breaks.
  • Feel free to suggest poll ideas if you're feeling creative. I'd strongly suggest reading the past polls first.
  • This whole thing is wildly inaccurate. Rounding errors, ballot stuffers, dynamic IPs, firewalls. If you're using these numbers to do anything important, you're insane.
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I'd prefer my money be made of ...

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  • by Anonymous Coward on Thursday September 26, 2013 @04:32PM (#44965013)

    I don't care what it's made of, as long as I have a lot of it.

    • by Anonymous Coward on Thursday September 26, 2013 @05:57PM (#44965737)
      Here ya go [amagimetals.com]. And this is why backing your currency with something tangible is a good idea. I heard a story once about two guys, each lived on a small island near each other. One had bananas, the other coconuts. Every week they would row out and meet each other and trade bananas for coconuts. One week the guy with coconuts wrote '5' on one and claimed it was now worth 5 bananas.
      • by fustakrakich (1673220) on Friday September 27, 2013 @08:42AM (#44970069) Journal

        What a cliffhanger! Who won the argument?

      • Re:I don't care (Score:4, Insightful)

        by AK Marc (707885) on Friday September 27, 2013 @02:17PM (#44973965)
        100 Trillion Zimbabwe Dollars isn't a lot of money. And no money is backed. There is no way to back money with something tangible that doesn't break the value of the tangible item, whether it's gold or seeds. Gold has no more intrinsic value than paper.
        • Re:I don't care (Score:5, Insightful)

          by reve_etrange (2377702) on Friday September 27, 2013 @02:50PM (#44974341)
          I'd say it's "backed" by the martial power of the issuing entity.
        • by drkim (1559875)

          There is no way to back money with something tangible that doesn't break the value of the tangible item, whether it's gold or seeds.

          Yeah, like the way we used to use cigarettes as currency here on Cell Block D.

          Since they passed that stupid "No Smoking" rule, it's been impossible to use cigarettes to maintain a fixed exchange rate (exchange rate adjusted for the relative price/service cost differential) that maintains parity with our cost indexed currency exchange rate.

          Now, it's just nothing but blow jobs.

        • by PSVMOrnot (885854)

          Back in ye olden days currency was backed by gold, or other goods. In this modern age of fiat currency currency is backed by the economy of the society which issued it. That is to say, the value of the GBP is that with about six of them (£6) you can get a relatively unskilled minimum wage worker to do an hour's worth of work for you. With £10-20 of them you can get the same hour or so's work from a range of increasingly skilled professionals.

          If you are interested in this, then you might want to

      • Gold Bug Strawman (Score:4, Interesting)

        by cmholm (69081) <.cmholm. .at. .mauiholm.org.> on Saturday September 28, 2013 @06:17AM (#44978221) Homepage Journal

        ...so, the guy with the bananas ate all but one of his, and said the last one cost five coconuts.

        "Fiat" currency is a tool. Broadly, it causes inflation when supply exceeds demand, and deflation when demand exceeds supply. Ideally, a little bit of inflation is good, in that it encourages a moderate level of use (investment, consumption), leading to real economic growth.

        A tangible currency made from a limited supply of raw material tends towards deflation, which encourages hoarding, which discourages use, leading to real economic contraction.

    • I don't care what it's made of, as long as I have a lot of it.

      That's NOT a good idea. If stupid comments were deemed a suitable material for legal currency, I'm sure writing them would get regulated by the government and that would be the end of /. as we know it.

  • by Tim the Gecko (745081) on Thursday September 26, 2013 @04:34PM (#44965041)
    One drink for every "fiat", and two drinks for "intrinsic value".
    • One drink for every "fiat", and two drinks for "intrinsic value".

      Some of us gotta work sometime in the next 24 hours!

    • I pretty much come here for posts like yours, Sir.

      Every community has a bottom 20%, and you have just extracted value from them.

  • by Sorcerer13 (52588) on Thursday September 26, 2013 @04:35PM (#44965049) Homepage

    The American dollar isn't truly paper. It's more of a cloth if I recall correctly.

  • SHTF (Score:5, Interesting)

    by zmaragdus (1686342) on Thursday September 26, 2013 @04:56PM (#44965233)
    Various commodities valuable in a post-apocalyptic scenario. Ammo, tools, clothes, seeds for plants (no bottle caps!)
    • Re: (Score:2, Troll)

      by Tumbleweed (3706)

      The shit has already hit the fan; it's just not the apocalypse that preppers were worried about, or even recognize.

  • by istartedi (132515) on Thursday September 26, 2013 @05:04PM (#44965313) Journal

    I'd prefer my flamebait to be made of...

    [ ] Abortion
    [ ] Creationism
    [ ] Racism
    [x] Cowboy Neal's most controversial idea.

    • [x] Cowboy Neal's most controversial idea.

      Which one? Putting Bill Gates on the moon ... permanently? OR Putting Bill Gates and Steve Jobs in a cage for a death match with Linus as referee? Too bad the latter one has no chance now. :(

  • Trust (Score:5, Insightful)

    by Anonymous Coward on Thursday September 26, 2013 @05:16PM (#44965401)

    Trust. I want my money to be made of trust. The whole point of money is freeing up barter. I have something you want, you give me something that I can then trade for something I want.

    I have to trust that you gave me something other people will accept from me.

    Without trust, even gold is just 'shiny crap'.

    AC

    • Get an asteroid mining operation going and much of what we trust as storage devices of wealth will become as gravel.
      • by geekoid (135745)

        No, becasue getting it cast something. The value will be based on cost to access.

        Of course what the hell will we need money for if we can mine asteroids cheap enough to make it worthwhile?

    • Trust. I want my money to be made of trust. The whole point of money is freeing up barter. I have something you want, you give me something that I can then trade for something I want.

      I have to trust that you gave me something other people will accept from me.

      Without trust, even gold is just 'shiny crap'.

      AC

      It already is. Most people just don't realize it. Money, in any form, is only worth what people recognize it to be worth. All of the money in the world isn't worth a thing if you're stuck adrift in a life boat with one other person and that person has the fish.

      Cheers,
      Dave

    • I don't. Too much trust in the whole financial system has brought us into this mess in the first place.
    • Trust [ ... ] Without trust, even gold is just 'shiny crap'.

      AC

      Nonsense. You don't need trust to be certain of gold being a wanted thing. Just look around you. Plenty of women ( and men ) wear it as jewellery, and consider it as precious.

      • by raddan (519638) *
        But gold's value is an artifact of a modern civilization that has its basic needs met. Suppose there's a global food crisis. What's more valuable now?
    • Without trust, even gold is just 'shiny crap'.

      Not exactly, as gold has intrinsic value due to its rarity. Even if we didn't barter with it, gold would be valued because it is hard to find and is "shiny crap". Because it has value people will always struggle to have it so they can use it to get what they want. Really, trust has nothing to do with it except make you feel mushy about something that has no feeling at all, commerce. Value comes from supply and demand. Evil comes from man. Put the two together and you have the root of all conflict between hu

      • by AK Marc (707885)

        Not exactly, as gold has intrinsic value due to its rarity.

        I was watching the Walking Dead, and they ran across a bomb shelter that was stocked. There was a throw-away comment like "leave the gold, it's worthless."

        When the total collapse happens, gold will have no intrinsic value. It only holds intrinsic value now because people believe it does, same as paper money.

  • Paper FTW (Score:5, Funny)

    by sootman (158191) on Thursday September 26, 2013 @05:57PM (#44965735) Homepage Journal

    Precious metals - strippers wouldn't like it
    Base metals - strippers wouldn't like it
    Paper - winner and still champion!
    Plastic - strippers wouldn't like it
    Electrons and math - strippers wouldn't like it
    Why not just use evil itself? - strippers wouldn't like it

    • Re:Paper FTW (Score:4, Informative)

      by _merlin (160982) on Thursday September 26, 2013 @07:15PM (#44966251) Homepage Journal

      Strippers are just fine with plastic banknotes in Australia, Vietnam, Hong Kong and other countries that have switched over. They're easier to clean than the paper ones, too.

    • Would strippers like that? :P

  • All of the Above (Score:4, Insightful)

    by Green Salad (705185) on Thursday September 26, 2013 @06:00PM (#44965769) Homepage

    Why favor a restriction to just one option? Renting a car, I want to use plastic. Ordering online, I want to use pure electrons and math. When buying a hot dog and coke at my warehouse club, I want to use bits of paper and metal. When the federal reserve keeps purchasing "debt assets" I want to accumulate small amounts of precious metals and packaged commodities in proportion to the risk. Once the government decides to radically reallocate my precious metals, land and food in the name of the people, acts like I have no human rights, then I want courage, comrades, bullets, fuel, food, a defensible position and broadcasting media.

  • by reboot246 (623534) on Thursday September 26, 2013 @06:24PM (#44965935) Homepage
    It would give a new meaning to the phrase "money burning a hole in your pocket".

    It would improve the economy because nobody would want to hold on to it very long - spending would be through the roof.

    No more pickpockets - they'd stand out in a crowd with those lead gloves.
  • by fatwilbur (1098563) on Thursday September 26, 2013 @07:08PM (#44966191)
    While in most of Canada you can use your bank card (Interac/Debit) for nearly everything, I still prefer good old anonymous and physical bank notes.

    I chose plastic because our new bills are made of a plastic polymer, and I've found it's far superior to the old paper notes. I think most countries have found this as well.
    • by msobkow (48369)

      I voted plastic as well, but I was referring to our new Canadian polymer bills. :P

    • Why not choose base metals then: in the form of pennies. After all, $100 worth of pennies can be melted down to form $160+ worth of raw metals.
    • I do like the new polymer notes that a number of countries are using now but most of the money I use is really just electrons and math since I use credit and debit cards all the time to pay for stuff and then move money around online. The one thing I wonder about with the polymer notes is if they would shrink when heated in the oven like Shrinky Dinks [wikipedia.org] did because having a tiny $1 bill would be awesome.
  • Precious metals: Bad, unless you like having your business decisions determined by the supply of something your business doesn't actually need to make things.

    Base metals: Better than precious metals, but kind of heavy. A close second to paper.

    Paper: As in dollar bills. *BEST*. Easy to carry, accepted everywhere, and for the most part anonymous. And for all its flaws, I'd rather have monetary policy set by the Federal Reserve than by the amount of gold governments are able to wrench from dwindling supplies i

    • by mjwx (966435)

      Paper: As in dollar bills. *BEST*. Easy to carry, accepted everywhere, and for the most part anonymous. And for all its flaws, I'd rather have monetary policy set by the Federal Reserve than by the amount of gold governments are able to wrench from dwindling supplies in ecologically distressed areas.

      Plastic: I'm not sure what this means. Credit cards = electrons & math. If plastic currency, well that's just like paper but not as bendy. Paper preferred.

      They could be referring to polymer banknotes [wikipedia.org]. In this case they have all the advantages of paper based money but are harder to counterfeit and much, much more durable (Australian's no longer have to worry about banknotes going through the wash any more). So plastic is better than paper.

    • Plastic: I'm not sure what this means.

      You know exactly what it means. Let's not feign stupidity to make a pedantic point.

  • by PPH (736903) on Thursday September 26, 2013 @09:24PM (#44967045)

    ... is full of Rai [wikipedia.org].

    • by RussR42 (779993)

      ...the Triganic Pu has its own very special problems. It exchange rate of eight Ningis to one Pu is simple enough, but since Ningi is a triangular rubber coin six thousand eight hundred miles along each side, no one has ever collected enough to own one Pu. Nigis are not negotiable currency, because Galactibanks refuse to deal in fiddling small change.

      -hhgttg

  • by gmuslera (3436) on Thursday September 26, 2013 @10:51PM (#44967467) Homepage Journal
    Don't want any kind of money that have its own meaning except (and only) a conversion unit between work and goods. That simply moving aluminum between warehouses [nytimes.com] make more "value" in a year than the work of hundreds of persons in all their lives, no matter how much they risk their lives or how much important is for others is a bad symptom.
    • AND I want the creation right of money in the hands of the government. In this case, working for the government (as representation of society) will create money. This money will have its built-in tax, as it is always created by doing something for society (repairing a road, for example). Also, the value of money is automatically equal to work done for, or goods delivered to, society.

      This would mean that government spending would not equal increasing debt towards bankers, but equal helping the economy.

    • by mbone (558574)

      This is why you never, ever, want to give banks actual control of any industrial process.

      How much did they have to bribe Congress to get this through?

  • by Ihlosi (895663) on Friday September 27, 2013 @04:37AM (#44968637)
    It's the thing that makes other parties accept your money instead of a) just refusing it (if other party considers it worthless) or b) just taking it from you by force.
  • GOLD - Asimov (Score:5, Interesting)

    by Rollgunner (630808) on Friday September 27, 2013 @05:59AM (#44968923)
    Gold! Willard was hesitating. Money, when it was a matter of electronic exchange, meant nothing.
    There was no feeling of either wealth or poverty above a certain level.
    The world was a matter of plastic cards and of slots and all the world transferred, transferred, transferred.
    Gold was different. It had a feel. Each piece had a weight. Piled together, it had a gleaming beauty.
    It was wealth one could appreciate and experience.

    He didn't need the money. He was not so sure he didn't need the gold.

    - Isaac Asimov (Gold)
  • Nuclear waste. Sure there may be some downsides, but there are certainly some advantages (It's been a while since I read "The Roentgen Standard" [larryniven.net], but the argument I liked the best was that a strong economy relies on money moving around quickly, and if you make it radioactive, people will be literally dying to get rid of it as fast as they can.)

    • by jd (1658)

      It would also deter theft, for health reasons. Hoarding could be interesting (see: China Syndrome).

  • Thankyou, whomever made this poll, for allowing me to vote for using evil itself. Hee hee... made my day.

  • Trust (Score:5, Informative)

    by Dasher42 (514179) on Monday September 30, 2013 @09:48AM (#44991997)

    Does anyone remember that money was invented in Lydia, what is now Turkey, to lubricate the barter of things you actually worked for? It's an abstraction of direct means of sustenance, and it's supposed to represent valuable resources and work.

    Entire empires - the Inca, for example - have never used this abstraction. The Inca had an even allotment of labor time in exchange for an even share out of the empire's storehouses. They left us amazing agricultural insights, cities of amazing stonework, and fabulous textiles. Anyone who thinks that stock market derivatives are wealth or that the only alternatives to capitalism are poverty or Joe Stalin can chew on that.

    Money as we know it has gotten to be a more devilish abstraction than anything us programming nerds would ever allow. It's gotten to be a tool to make sure that CEOs, shareholders, and bankers have all the clout, and hence, nearly all the take. They get paid in digital money for throwing around digital money to their advantage so much that, if wealth were perfectly equal in America, we'd all make $100,000, have a home paid for, have a college education paid for, or some other configuration of lifestyle. I'm not saying that perfect equality is the way to go, but I'm saying that the way clout has overridden value of labor shows that money is now deeply broken.

    One of the smartest things anybody said to me was,

    "Trust is the only real currency."

  • by ArcadeMan (2766669) on Monday September 30, 2013 @11:24AM (#44993109)

    Although there are three major units, (The Altairian Dollar, the Flainian Pobble Bead and the Triganic Pu) none of them count. The Altarian Dollar has recently collapsed, (again) the Flainian Pobble Bead is only exchangeble for other Flainian Pobble Beads, and the Triganic Pu has its own very special problems. Its exchange rate of eight Ningis to one Pu is simple enough, but since a Ningi is a triangular rubber coin six thousand eight hundred miles along each side, no one has ever collected enough to own one Pu. Ningis are not negotiable currency, because the Galactibanks refuse to deal in fiddling small change. From this basic premise it is very simple to prove that the Galactibanks are also the product of a deranged imagination.

Passwords are implemented as a result of insecurity.

 



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