"Arcade tokens"
1 token for 1 fiat.
All arcades recognize tokens from all others, so they can be used anywhere (with a behind-the-scenes "transfer" action)
You can redeem tokens back to fiat from the arcade, or you can play the arcade games (as long as the arcade stays open & honest)
Outside of the analogy, "spending tokens on games" represents the non-negative-sum activity of spending bitcoin for productive activities.
AbstractEquilibrium / Abstract Equilibrium
npub17f…w5ksh
2025-05-17 17:59:36
in reply to nevent1q…jdk8
Author Public Key
npub17fnzd22p3xu5tg8sz343d38c5m8dxxe4npyyx0akxphc6mhvxessuw5kshPublished at
2025-05-17 17:59:36Event JSON
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"content": "\"Arcade tokens\"\n\n1 token for 1 fiat.\n\nAll arcades recognize tokens from all others, so they can be used anywhere (with a behind-the-scenes \"transfer\" action)\n\nYou can redeem tokens back to fiat from the arcade, or you can play the arcade games (as long as the arcade stays open \u0026 honest)\n\nOutside of the analogy, \"spending tokens on games\" represents the non-negative-sum activity of spending bitcoin for productive activities.",
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}