Power is currency
Time is the only real currency we have
91–100 of 313 posts
Re: Time is the only real currency we have
#92Parameters of the universe are currency. Time is one of them, space (or area on earth’s surface) is another, and energy is a third. How these three things are used is what generates value to human beings. Each of the fundamental items can be traded individually, but money is used as a proxy for value . The most common trade is when a person can trade their time and their body’s energy. They produce some level of valu…
Was going to make the point about energy, but you made the point way better than me and added space which I didn't think about!
Re: Time is the only real currency we have
#93I’ve often wondered what society would look like if optimized for saving people time. Just some quick thoughts: - Crosswalks and traffic lights would become non-existent and replaced with more pedestrian overpasses, turning/merging lanes, and other designs. Waiting for the light to change is a huge waste of time for both pedestrians and drivers. It seems like we might get this eventually with self-driving cars. - Min…
> replaced with more pedestrian overpasses, vegas has pedestrian overpasses and they are a tremendous waste of time - much worse than crosswalks. A better approach would be to keep the pedestrians at grade-level and have car under-passes
There’s other ways to do it them having gigantic concrete bridges like Vegas.
In downtown SF, you could put lower diagonal street bridges which would save an infinite amount of time for people driving.
Re: Time is the only real currency we have
#94Parameters of the universe are currency. Time is one of them, space (or area on earth’s surface) is another, and energy is a third. How these three things are used is what generates value to human beings. Each of the fundamental items can be traded individually, but money is used as a proxy for value . The most common trade is when a person can trade their time and their body’s energy. They produce some level of valu…
The only currency you're born with is time. The rest are acquired by the application of time.
Spacetime is a better description, and it’s full of real estate. Mammals at least are born with a deed or a need for a boobie, or in big trouble. It’s all linked!
Re: Time is the only real currency we have
#95Parameters of the universe are currency. Time is one of them, space (or area on earth’s surface) is another, and energy is a third. How these three things are used is what generates value to human beings. Each of the fundamental items can be traded individually, but money is used as a proxy for value . The most common trade is when a person can trade their time and their body’s energy. They produce some level of valu…
Thanks for the great summary, you made the whole point so easy
Thanks
Re: Time is the only real currency we have
#96When comparing careers, I'm amazed how little people mention free time. You see people saying things like "I did blah to move from $X thousand a year to $Y thousand a year" but it's rare anyone mentions how much free time they have like "I earn $X thousand a year and have Y days off". I understand more money now could mean you'll have more free time later, but earning a lot with no time for your own personal growth d…
Over a forty year career, I only worked full time for perhaps 30% of that time. Sure, I left a lot of money on the table but my wife and I are still financially secure and working 25 to 32 hours a week on average gave me more time with friends and family, and time to write (which I enjoy doing).
Spend effort on career and job skill development, but treat jobs as transactions of time for money, and I suggest devaluing the value of money once basic needs and saving for future needs are met.
Re: Time is the only real currency we have
#97Isn’t it ironic that in the “young dev” section he tells stories of how he “set them straight” on their design choices, and then the next section is about the naivety of “your way is wrong”...
The conversation on queues especially; I can absolutely side with the new dev there. Queues have guarantees, database writes have guarantees, you just pick the ones you care about, not decide based on irrational fear of losing data.
Re: Time is the only real currency we have
#98Earlier quoted context omitted.
The only currency you're born with is time. The rest are acquired by the application of time.
It’s certainly the most valuable natural resource a person is born with, by far, but I’d argue there’s also technically space and energy there, too. The space a baby consumes is almost valueless, and the energy output is also (though thoughts of babies being harvested in The Matrix come to mind).
You haven’t seen a baby consume space in your significant others life? Guessing not a woman? That actually sacrifices personal space (breasts) for baby? They consume and change boobies, and mommies time! Man mommy rant
Re: Time is the only real currency we have
#99Parameters of the universe are currency. Time is one of them, space (or area on earth’s surface) is another, and energy is a third. How these three things are used is what generates value to human beings. Each of the fundamental items can be traded individually, but money is used as a proxy for value . The most common trade is when a person can trade their time and their body’s energy. They produce some level of valu…
You're using "energy" as a pseudoscientific gloss. A human being provides an extremely meager amount of energy in the physics sense of the word. That energy could be purchased much more cheaply. The economic value of human labor is more closely tied to human intelligence/dexterity.
More reasons to think your comment is more about making the reader feel the insight is deep: there are other important conserved quantities in physics like charge; shouldn't that play a foundational role in economics if your analysis was correct? Will you next say that business leadership is really about "taking charge"?
Re: Time is the only real currency we have
#100Interesting premise and article. I do disagree with a lot of it since I believe more in maximizing human potential through mindfulness and tuning ourselves instead of our tools. re: “ You don’t want to be the person who thinks their problem through on a piece of paper,...” For difficult problems I think you do want to be this kind of person. Walking away from your laptop, sitting outside or anywhere relaxing with a p…
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