Talk:Coin - Revision history

Jonius7 at 08:23, 25 June 2015

2015-06-25T08:23:36Z

← Older revision		Revision as of 08:23, 25 June 2015
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	: There’s a reason why paper bills aren’t useless: because people agree they aren’t useless. People agree they have value because the supply is limited, controlled, and to some extent known. The supply is controlled and known because counterfeiting them is hard and we have a police force and judicial system who reasonably effectively throw people in jail when they try. Thus, quantity of paper bills is somewhat stable and they can be used as a representative of value. IndustrialCraft coins have none of these properties '''by default''': they are very easy to counterfeit (just craft them out of iron), it’s nearly impossible to know that someone did so, and most servers don’t have a police force who will investigate and deal with counterfeiters. '''However''', the configuration file permits completely disabling the coin crafting recipe. Once that’s done, coins can be created by administrators (who are effectively the “government” of a Minecraft server) and handed out in controlled, well-known quantities to players. In this situation, a coin-based economy makes perfect sense: the value store (coins) are available in a known, controlled, limited quantity and cannot be counterfeited. [[User:Hawk777\|Hawk777]] 18:50, 26 July 2012 (UTC)		: There’s a reason why paper bills aren’t useless: because people agree they aren’t useless. People agree they have value because the supply is limited, controlled, and to some extent known. The supply is controlled and known because counterfeiting them is hard and we have a police force and judicial system who reasonably effectively throw people in jail when they try. Thus, quantity of paper bills is somewhat stable and they can be used as a representative of value. IndustrialCraft coins have none of these properties '''by default''': they are very easy to counterfeit (just craft them out of iron), it’s nearly impossible to know that someone did so, and most servers don’t have a police force who will investigate and deal with counterfeiters. '''However''', the configuration file permits completely disabling the coin crafting recipe. Once that’s done, coins can be created by administrators (who are effectively the “government” of a Minecraft server) and handed out in controlled, well-known quantities to players. In this situation, a coin-based economy makes perfect sense: the value store (coins) are available in a known, controlled, limited quantity and cannot be counterfeited. [[User:Hawk777\|Hawk777]] 18:50, 26 July 2012 (UTC)

			Dammit I made a whole bunch of these, only to find out they're pretty useless, they look like cell batteries.

			[[User:Jonius7\|Jonius7]] ([[User talk:Jonius7\|talk]]) 10:23, 25 June 2015 (CEST)

Hawk777 at 18:50, 26 July 2012

2012-07-26T18:50:56Z

← Older revision		Revision as of 18:50, 26 July 2012
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	paper bills are useless for economy process in current implementation, just dont mint them.		paper bills are useless for economy process in current implementation, just dont mint them.
	[[User:Glopso\|Glopso]] 18:39, 25 July 2012 (UTC)		[[User:Glopso\|Glopso]] 18:39, 25 July 2012 (UTC)

			: There’s a reason why paper bills aren’t useless: because people agree they aren’t useless. People agree they have value because the supply is limited, controlled, and to some extent known. The supply is controlled and known because counterfeiting them is hard and we have a police force and judicial system who reasonably effectively throw people in jail when they try. Thus, quantity of paper bills is somewhat stable and they can be used as a representative of value. IndustrialCraft coins have none of these properties '''by default''': they are very easy to counterfeit (just craft them out of iron), it’s nearly impossible to know that someone did so, and most servers don’t have a police force who will investigate and deal with counterfeiters. '''However''', the configuration file permits completely disabling the coin crafting recipe. Once that’s done, coins can be created by administrators (who are effectively the “government” of a Minecraft server) and handed out in controlled, well-known quantities to players. In this situation, a coin-based economy makes perfect sense: the value store (coins) are available in a known, controlled, limited quantity and cannot be counterfeited. [[User:Hawk777\|Hawk777]] 18:50, 26 July 2012 (UTC)

Glopso: forgot a sign

2012-07-25T18:39:37Z

forgot a sign

← Older revision		Revision as of 18:39, 25 July 2012
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	paper bills are useless for economy process in current implementation, just dont mint them.		paper bills are useless for economy process in current implementation, just dont mint them.
			[[User:Glopso\|Glopso]] 18:39, 25 July 2012 (UTC)

Glopso: Criticism on paper bills

2012-07-25T18:39:19Z

Criticism on paper bills

← Older revision		Revision as of 18:39, 25 July 2012
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	coins are useless for game process in current implementation, just dont craft them.		coins are useless for game process in current implementation, just dont craft them.

			Is it just me or are paper bills useless? They have less utility than the thread they were made out of, and they take up more space. You can't even turn the bills back into string to use in clothes because of the processing it went through.. why wouldn't people just retain the thread and use that as a medium for trade?

			paper bills are useless for economy process in current implementation, just dont mint them.

RawCode at 11:31, 28 December 2011

2011-12-28T11:31:44Z

← Older revision		Revision as of 11:31, 28 December 2011
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	Is it just me or are coins useless? They have less utility than the iron they were made out of, and they take up 4x as much space. The conversion to/from coins is obscenely expensive.. why wouldn't people just retain the iron and use that as a medium for trade?		Is it just me or are coins useless? They have less utility than the iron they were made out of, and they take up 4x as much space. The conversion to/from coins is obscenely expensive.. why wouldn't people just retain the iron and use that as a medium for trade?

			coins are useless for game process in current implementation, just dont craft them.

Manganese at 21:15, 27 December 2011

2011-12-27T21:15:56Z

← Older revision		Revision as of 21:15, 27 December 2011
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	I tried to craft a stack of coins using a 3×3 grid of coins, but it gave me a refined iron ingot instead of a coin stack. Is this a bug or is the recipe obsolete? [[User:Hawk777\|Hawk777]] 05:10, 27 October 2011 (CEST)		I tried to craft a stack of coins using a 3×3 grid of coins, but it gave me a refined iron ingot instead of a coin stack. Is this a bug or is the recipe obsolete? [[User:Hawk777\|Hawk777]] 05:10, 27 October 2011 (CEST)

			Is it just me or are coins useless? They have less utility than the iron they were made out of, and they take up 4x as much space. The conversion to/from coins is obscenely expensive.. why wouldn't people just retain the iron and use that as a medium for trade?

Hawk777: stack question

2011-10-27T03:10:26Z

stack question

New page

I tried to craft a stack of coins using a 3×3 grid of coins, but it gave me a refined iron ingot instead of a coin stack. Is this a bug or is the recipe obsolete? [[User:Hawk777|Hawk777]] 05:10, 27 October 2011 (CEST)