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09:29 >>> cvmn (~caveman@gateway/tor-sasl/caveman) has joined ##economics | |
09:29 ─── Topic for ##economics is "Economics, a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. ... Please play nice! NO bullying and try to stay on-topic" | |
09:29 ─── Topic set by OPK (~OPK@user/opk) on Thu, 10 Jun 2021 01:26:16 | |
09:29 ─── Channel ##economics: 70 nicks (3 ops, 1 voice, 66 normals) | |
09:30 ─── Channel created on Wed, 19 May 2021 09:58:33 | |
09:36 <cvmn> yesterday some people here said things about 'zakat' not being applicable with modern-day 'money'. someone said that because money today is not wealth (i.e. money now is like oil lubing an engine not a commodity itself like gold), therefore zakat is not useful any more. | |
09:36 <cvmn> however, i still don't get this. e.g. so what if it is not a commodity? wouldn't it still be helpful to avoid having non-circulating 'o |
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block id : 0 | |
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hash prev: ------ | |
pk to : aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa | |
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coins : 5 | |
hash cur : f6600db39c855613f324bcbc1aa082f4 |
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bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb | |
cccccccccccccccccccccccccccccccccccccccccccccccccccccccc | |
figure 1. proof-of-work blockchain, with computational work marked as | |
'c'. | |
bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb |
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bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb | |
ssssssss | |
figure 1. proof-of-stack blockchain, with active stakers marked as 's'. | |
previous stakers have cashed out. | |
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font=terminus:size=8 | |
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regular0=31363b # black | |
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