Questions tagged [currency]

For questions that have to do with means of commercial exchange other than barter.

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14 votes
11 answers
3k views

Post-apocalypse currency

It is a post apocalyptic world, all government systems have broken down, approx 95% of the worlds population is gone and the few survivors left are beginning to trade with each other. I need a ...
Ms Joeyanna's user avatar
13 votes
11 answers
2k views

What form of currency to do transactions between us and droids?

Very soon I suspect we will see the rise of machine in the next couple of decades if people continue abusing Moore laws, suppose robot laws are hardwired into their core how can we make them believe ...
user6760's user avatar
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9 votes
8 answers
2k views

Magic economy: Using mana as a standardized unit of currency?

I'm toying with the idea for a world where instead of minting coins out of valuable metals all countries us mana, the 'fuel' of magic, as a currency itself. Since mana always has value, in it's ...
dsollen's user avatar
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7 votes
3 answers
509 views

What are the Considerations of a currency backed by a Renewable Commodity?

This question is tangent of this one. While reading about the world-building that went into the Mistborn series I began to reassess my own world-building, specifically the effects of magic on the ...
Trismegistus's user avatar
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7 votes
4 answers
915 views

What if someplace used consumables for currency?

I just watched Rango, and I got curious of the realistic implications. Let's set the stage. Desert environment. Realistic 21st century American tech, unlike the movie. Some foreign country based on ...
Vector Lightning's user avatar
58 votes
24 answers
17k views

Could a society use bullets as money?

I'm making a world that is 1/3 medieval fantasy, 1/3 pre-civil war American west, and 1/3 Mad Max. The world underwent an apocalyptic scenario that destroyed the governing bodies at the time, but it ...
highpriestofpie's user avatar
46 votes
18 answers
3k views

How can I make money work across separate planets?

Over time separate countries have adopted common currencies, and a world can be imagined where a planet has a single currency. However, in building a world spanning a multiplanet system (several ...
trichoplax is on Codidact now's user avatar
28 votes
9 answers
7k views

Aftermath of a Midas-weapon war - what to do with all that gold?

After reading the question Are “Midas” swords useless for warfare? it really tricked my mind of finding ways on what to do will all that gold. So I was wondering: assume a war broke out and you used ...
Mr.J's user avatar
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15 votes
10 answers
4k views

Can I use mana as currency if people are constantly generating more mana?

I want to use mana, used to fuel spells, as a sort of currency. Basically you pay for items not with a fiat currency but with your mana, which someone may later use to cast a spell. I don't have a ...
dsollen's user avatar
  • 33.5k
10 votes
9 answers
3k views

Interplanetary commerce: how do you compare currencies?

Considering that interplanetary trade will likely be limited because of cost of shipping vs product value, how would interplanetary money be valued against each other? I'm thinking more along the ...
bowlturner's user avatar
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5 votes
7 answers
4k views

What can I do to make a Bartering system stable?

The Bartering system is a means of trading goods for other other goods, very similar to the Currency system except minus the money. The problem is that as the population of a location increases people ...
TrEs-2b's user avatar
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3 votes
2 answers
696 views

What monetary policy tools are possible with virtual currency?

Given that the Fed buys and sells bonds on the open market, it's possible that the Fed (or equivalent) can surprise people with an average of $172 every few months in lieu of buying bonds on the open ...
makerofthings7's user avatar
54 votes
30 answers
10k views

Despite slain monsters continually yielding gold coins, why does gold's trading value seem to remain constant over the years?

Set in fantasy medieval times, monsters can be seen loitering around the kingdom. People discovered that the slain carcasses of these monsters contain a certain quantity of gold coins. The rest is ...
user6760's user avatar
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45 votes
15 answers
7k views

How do I safely sell off gold coins of unknown provenance?

Wow, of all the amazing luck! I just met a visitor from a magical world. He was able to use his magic to establish common communication, and after a bit of talk he decided he wanted to bring some ...
user14356's user avatar
  • 517
45 votes
8 answers
10k views

Can coins be made out of concrete or cement?

Would it be possible to make coins from concrete with designs like the metal ones?
Alexandre S.'s user avatar
32 votes
10 answers
10k views

How far back in time can I go before people stop accepting my money from the future?

Lets say I go back in time with a wallet full of, say, 150 dollars worth of bills. How far can I be sent back before I reach a point where I'm unlikely to be able to use my money because it looks too ...
dsollen's user avatar
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29 votes
5 answers
2k views

Deriving price from a framework of production in a medieval economy (ie "Can I have a 1,500 gold meat pie, please!")

It bothers me in games when the price of something is seemingly arbitrarily set. Shop owner: How much gold do you have? Player: Er, 10,000? Shop owner: Then that meat pie is 1,500 gold, please! Pig ...
Jacob Dorsey's user avatar
29 votes
14 answers
7k views

Creating a living currency

I'd like to implement a currency that is "alive". Picture a small, rat-sized animal that is: only found in a small geographic region, making it reasonably scarce. lethargic, or in hibernation most ...
Force4's user avatar
  • 949
17 votes
7 answers
2k views

Currencies when known encryption systems become obsolete

Current Bank security is based on encryption, once quantum computing or another system to break security is invented all banks are unable to securely transfer money digitally. Assuming banks are ...
Evorlor's user avatar
  • 451
13 votes
14 answers
6k views

Everyday life in a world and civilization which do not have any money in the economy ( and not barter too)

I was reading about non monetary economies and it says that it is a kind of economy that do not have any money in the economy and all goods and services are free to everyone according to Wikipedia. I ...
Sabrine Crystal's user avatar
10 votes
7 answers
2k views

What is the currency in an emerging space economy? [closed]

With colony cities on the moon and merchant ships mining asteroids, humanity has begun to colonize the solar system. Most of these entities are self-governing and trading is a very important business ...
SilverCookies's user avatar
5 votes
5 answers
674 views

Unified post apocalypse currency between multiple others

Next question of my post-apocalypse series of questions, started here: Which is about manufacturing of fuel Joe and his group have after a couple of years build up a sizeable bio-fuel production, and ...
Magnumenforce's user avatar
3 votes
5 answers
401 views

Energy based economy

I am attempting to design an economy based around energy, namely, within a society possessing practical nuclear fusion. As I currently have it set up currency is backed by Hydrogen, meaning you could ...
Boo Radley's user avatar
  • 1,164
3 votes
4 answers
1k views

How would the economy of currency backed by electricity work?

Let us assume that a country on one of the moons of Mars uses this currency called 'Sol Credits'. And 1 Sol Credits is the price of 1 MWh of power. In other words, for every 1MWh of power that your ...
Shion's user avatar
  • 275
3 votes
0 answers
63 views

Magic-Proofing Currency [duplicate]

I am currently developing a world with a hard magic system based entirely on manipulating the natural order of reality in accordance with physical possibility. As long as the ultimate end-state of a ...
archaephyrryx's user avatar
3 votes
7 answers
1k views

What are the social and economic implications of giving everyone $4.33 million?

This meme became infamous today due to its creator's apparent inability to do basic arithmetic: But concerns about the current state of mathematics education aside, what if the US government ...
Plutoro's user avatar
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