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Prof Naseem Naqvi MBE 1y ago

We still do not have an SI unit of "value".

While we have (s) seconds for time, (g) grams for mass, and (m) meters for length, there is no SI unit for digital value.

We need to think of a System International unit for monetary value, something that is thermodynamically sound, has a base unit, and a defining constant.

nostr:npub1h6s2fyu5f08v9066ux4n8urs84mu2mngz6d5fntju9nwrfta0ywqcc3jtk

#SI #Value #Monetary #Standards #Bitcoin #Blockchain

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Tim Bouma 1y ago

I wrote this about six months ago - the Nakamoto Constant

https://docs.google.com/document/d/1EeTdQ46NaljC4YFeHBAMRwqMh-8MI1oRQ0w0s7d5J1g/edit

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Prof Naseem Naqvi MBE 1y ago

I wrote a post 9 months ago:

https://www.linkedin.com/posts/naseemnaqvi_si-value-monetary-activity-7135182113942695937-EBwJ?utm_source=share&utm_medium=member_ios

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Tim Bouma 1y ago

Interesting! I started to think about this over a year ago when I was looking very closely at proof of work. I distilled ‘price’ which is really a quotient to ‘sat/joule’ and I started to think about what a SI constant for value would look like.