once a group reaches its mature size, the people *could* send an extra $10 to seed a new, separate group :) this "reproduction" is possible every 7-8 weeks
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Replying to @mattsiegel @o_guest
I think you need to explain a little bit. better what happens if the group does not reach maturity.
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since there's a built-in 20% growth every 6 weeks, a group can't reach full size IFF there's a sustained loss (people not paying forward) of that 20% (or more). but if there's more than 0% growth on average, then the group will eventually reach full size :)
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a group could actually stop growing at any point, and just keep circulating the accumulated money. it's a pretty resilient system, in theory :D
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Replying to @mattsiegel @o_guest
This system eventually becomes a tit for tat which works only in circles of trust. I wonder what would result from applying a little game theory here.
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hahaha! *this* is why i love talking to you scientists
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Replying to @mattsiegel @twitemp1
Stepping back a little too: why would anybody do this? Just fun or some other motive?
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my original motivation was to make a kind of virus that could outpace typical growth rates in capitalist systems, shifting the pattern of money use to one that's less exploitative. but it should be fun :)
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work? if you mean design, development, and operations it's all just me :)
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OK, sorry not asked clearly... I mean in a system often some work is done in exchange for something. Like money is given to workers in exchange for their labour, etc.
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ahhh :) there aren't any exchanges in this system... but as Esther was saying, there is trust that the money will keep circulating.
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i really appreciate this line of questions -- i'm not completely prepared to replace capitalism just yet! i think this first experiment will be informative :D
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