Talk:Terra (proposed currency)

message: Er what is a kilometerton? Does it mean a kilo metric tonne? If so a kilo metric tonne of what? The website doesnt seem to have anything useful but it does mention carbon credits. But from a quick Google, a kilo metric tonne of carbon credits will be a lot (from what I can tell at least US$5000-20000)... And how exactly is 30% gold quantified against 2kg grain, 10kWh and half an hour of labour? Nil Einne 20:49, 25 October 2007 (UTC)
replies: text: Hmm but how do you decide what 30% gold is? Do you mean you use the price at the time you make this currency? Otherwise the currency is permanently tied to another currency. Also, why is gold defined by value, but not the other commidities/stuff? Nil Einne (talk) 11:49, 30 April 2008 (UTC)
thread_title: Um WTF?

message: The article claims that the Terra was inflation resistant. I question that, for the following reasons:
- There is no protection against deflation. The market value of 1 Terra could grow to something above the official value of 1 Terra. This could only be prevented by giving new Terras to people who want to sell commodities to the Terra Central Bank.
- When the Terra has deflated, it can also drop back to its official value.
- In order to prevent an inflation, the equivalent of all Terras in circulation must be kept at the Terra Central Bank as commodities. That means, that if there are 100 000 Terras in circulation, the Terra Central Bank must have 1000 barrels of oil somewhere. Problem is: If the Terra Central Bank ceases to back all Terras by actual commodities and everybody wants to return their Terras, then the Terra Central Bank is bankrupt and the Terras are worthless. Problem is: Keeping all Terras worth of commodities in a warehouse doesn't scale.
-- 62.156.43.158 (talk) 22:56, 6 April 2012 (UTC)
thread_title:  INflation resistance 

message: I advise against the proposal to merge this with the article on The Future of Money: Beyond Greed and Scarcity.
The concept of Terra as a world currency has importance beyond that single book.
I do suggest creating a list of complementary currencies.
Thanks! --Lbeaumont (talk) 22:03, 22 January 2014 (UTC)
thread_title:  Don't merge 

message: Does this page need to mention or dis ambiguate for this actual currency called terra? https://www.terra.money/ Jack Nunn Jacknunn ([]) 12:55, 26 March 2022 (UTC)
thread_title:  Add UST ref? 

message: :The following is a closed discussion of a requested move. Please do not modify it. Subsequent comments should be made in a new section on the talk page. Editors desiring to contest the closing decision should consider a move review after discussing it on the closer's talk page. No further edits should be made to this discussion. 
The result of the move request was: moved to Terra (proposed currency). (closed by non-admin page mover) Tol (talk | contribs) @ 05:07, 6 December 2022 (UTC)
replies: text: Terra (currency) → ? – Current title is ambiguous with Terra (blockchain) * Pppery * it has begun... 15:36, 8 November 2022 (UTC)

text: Relisting comment: to generate a more thorough consensus — Shibbolethink (♔ ♕) 21:21, 28 November 2022 (UTC)

text: Note: WikiProject Economics has been notified of this discussion. — Shibbolethink (♔ ♕) 21:22, 28 November 2022 (UTC)
thread_title:  Requested move 8 November 2022