k983 on Nostr: #economy #money Let me share my thoughts on a monetary equation and why "Money is ...
#economy #money
Let me share my thoughts on a monetary equation and why "Money is energy".
You're welcome to comment, expand, correct :-)
The aphorism "Time is money" shows that money has something to do with time.
I think the connection should be proportional. If you invest more time, you should get more money.
The equation "Money = Time" seems to be incomplete. It's not sufficient to invest time to get money - you also need to invest work (e.g. mental work or physical work). More work means more money -> again a proportional connection. The same should apply to efficiency. That makes:
Money = Time × Work × Efficiency
You can replace Work with Energy (in physics Work / Energy have the same units).
However, energy is a state and describes the ability to perform work.
You would therefore have to calculate the energy used.
As you usually have less energy after the work than before, this means:
Used_Energy = Energy_before_work - Energy_after_work
Money = Time × Used_Energy × Efficiency
-> Money is energy
Published at
2024-05-22 18:14:23Event JSON
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"content": "#economy #money\n\nLet me share my thoughts on a monetary equation and why \"Money is energy\".\nYou're welcome to comment, expand, correct :-)\n\nThe aphorism \"Time is money\" shows that money has something to do with time.\nI think the connection should be proportional. If you invest more time, you should get more money.\n\nThe equation \"Money = Time\" seems to be incomplete. It's not sufficient to invest time to get money - you also need to invest work (e.g. mental work or physical work). More work means more money -\u003e again a proportional connection. The same should apply to efficiency. That makes:\n\nMoney = Time × Work × Efficiency \n\nYou can replace Work with Energy (in physics Work / Energy have the same units).\nHowever, energy is a state and describes the ability to perform work. \nYou would therefore have to calculate the energy used. \nAs you usually have less energy after the work than before, this means:\nUsed_Energy = Energy_before_work - Energy_after_work\n\nMoney = Time × Used_Energy × Efficiency \n\n-\u003e Money is energy",
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