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Eagle Cash

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Re: Eagle Cash

#81

Post by jcranmer »

AndriyKunitsyn wrote: post #56
gioscarab wrote: post #37

Earlier quoted context omitted.

The word medium comes from latin, its plural is "media", not "mediums".

I’m ESL, how far should the “thou should pluralize a loanword as it was in the original language” rule go? It seems to be not universal. I mean, it’s “hamburgers”, not “die Hamburger”, “robots”, not “roboti”, and “rubles”, not “rubli”/“рубли”.

> I’m ESL, how far should the “thou should pluralize a loanword as it was in the original language” rule go? It seems to be not universal.

The basic rule of thumb is: assume it doesn't apply. That is, for most foreign words, -(e)s is usually an acceptable plural word, and even if it isn't, people will understand what you mean.

Re: Eagle Cash

#82

Post by lxgr »

dibujante wrote: post #70

Wait until you see what you can use your metro card for in Taipei...

Many countries have (or used to have) similar stored-value cards. They are really useful for some use cases: Given that they are very cash-like (transferable, anonymous unless registered), they are usually available to foreigners and minors without any formalities.

Japan‘s version could at one point even be used to purchase games in Nintendo‘s eStore by tapping a transit card on a game console – genius, given that a big part of their target audience doesn‘t have a credit or debit card.

Re: Eagle Cash

#83

Post by lxgr »

H8crilA wrote: post #69
ForHackernews wrote: post #59

This sounds like a better alternative to bitcoin! I guess it requires a trusted central authority, but for most users that's a feature not a bug, and it sounds like it has a load of advantages: - Faster transactions - Can work "offline" (to some extent) - No wasted energy calculating redundant sha256 - Able to rectify fraudulent transactions

Lol you just described credit cards.

Stored value cards are different from debit cards: Their value is physically stored on the chip, rather than the card just being a reference to some centrally maintained account.

As a consequence, they are usable completely offline and with very low latency.

Re: Eagle Cash

#84

Post by Retric »

err4nt wrote: post #77
Retric wrote: post #40

Earlier quoted context omitted.

While some sources agree with you: https://www.thefreedictionary.com/mediums Both Media and Mediums are plural forms in common usage. Thus: https://www.merriam-webster.com/thesaurus/mediums has mediums variants: or media plural of medium ex: https://www.uspto.gov/kids/MiddleSchool-HowWellSoundTravels.... And really, English just evolves over time so these kind of rules don’t actually mean anything.

Though English has two plural forms "media" and "mediums", are they interchangeable? If you say "media" I think of more than one medium of communication, but if you say "mediums" I think of a group of humans who engage in necromancy and talking to spirits and stuff (being a medium as a job)

I believe it’s context specific. Both are in common use in acoustics or bacterial cultures, but it’s electronic media and spirit mediums.

Re: Eagle Cash

#85

Post by fallingfrog »

This was a common practice in the 19th century, paying workers in company chit that was only good at the company store. The practice might come back if the economic conditions are right.

Re: Eagle Cash

#87

Post by geraldcombs »

alisonkisk wrote: post #68
ForHackernews wrote: post #59

This sounds like a better alternative to bitcoin! I guess it requires a trusted central authority, but for most users that's a feature not a bug, and it sounds like it has a load of advantages: - Faster transactions - Can work "offline" (to some extent) - No wasted energy calculating redundant sha256 - Able to rectify fraudulent transactions

What use case is there for this where it's better than bitcoin? This is just a local payment system, that's existed for centuries as scrip. ("On a computer" doesn't change the nature of it.) Centralization undermines the purpose of bitcoin.

It's backed by a nation-state that has carrier groups?

Re: Eagle Cash

#88

Post by eecc »

max_ wrote: post #29
lucb1e wrote: post #23

Earlier quoted context omitted.

Not sure a whole book is needed, it seems fairly straightforward to show that society is based on threats of violence. If you don't pay someone, that someone can go to a judge. If you indeed did something illegal (e.g. if you did a double spend, money forgery, whatever) you should be declared guilty and ordered to pay the damages plus perhaps a fine. If you don't do that, the amount due will increase and eventually y…

One reason I am interested in Bitcoin is that it doesn't rely on violence to enforce it's rules.

It still acts as a token for debt, and the underlying force of that is violent retribution for default

Re: Eagle Cash

#89

Post by jpkoning »

md_ wrote: post #72
jpkoning wrote: post #66

The US military has had some innovative payments ideas. An occupying force prefers to use a money that 1) doesn't dollarize the nation they are occupying 2) can be tracked, thus thwarting black marketeers 3) is lightweight 4) if they lose, the enemy can't reuse it Unfortunately, dollar bills are bulky, infiltrate local economies, and aren't enemy-resistant. So we get innovations like EagleCash, which solves a lot of…

Why is #1 a goal? I’m assuming because of some desire to maintain the independence of a central bank in the occupied country?

That's right. In the US's case, if it was protecting a weakened friendly country or trying to rebuild a not-so-friendly one, dollarizing the economy would have undermined the occupied government and interfered with the US's overall goals. Using cancellable paper certificates like MPC or a closed loop electronic system like EagleCash prevented leakage of US dollars into the local economy.

Re: Eagle Cash

#90

Post by cracksmoka420 »

bananapear wrote: post #45
josephkern wrote: post #34

Wait until you guys see the prices for the "AAFES POGS" on ebay ... Basically while you can use cash, coins are too heavy to justify shipping into country. AAFES instead prints "gift certificates" in the shape of a pog, in 0.05, 0.10, 0.25 denominations. The resale value on these is hilariously high ... these are federally issued mediums of exchange being currency except in name only. And only useable in deployed loc…

> in the shape of a pog In case you are wondering what a "pog" is: https://en.wikipedia.org/wiki/Milk_caps_(game)

Person Other (than) Grunt
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