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<p>[QUOTE="ErolGarip, post: 2815793, member: 88736"]"CoinCorgi", maybe, you just joked, but, even if yours was a joke, you are really close to the solution, also to the generalized version. We'll come back to your answer, later.</p><p><br /></p><p>"Chrisild", thanks for answer, for sharing knowledge about "token", but, I found this </p><p><br /></p><p><br /></p><p><br /></p><p>strange. If defining the coin this way (if the private issued, it is not coin) is being done by the coin community in general, it doesn't fit my understanding the coin. If coin is a form of money, and I claim so, its main criteria is mathematics (not private or state issue.) </p><p><br /></p><p>While we are at it, while re-visiting that website about "math-money", I need to say these also now. </p><p><br /></p><p>Emphaty. I can do some. Some may say "it is not a fair competition as we don't know about you Erol, we don't know how much knowledgable about the math you Erol are, etc." - OK, first of all, I need to say this, this is not a competition, however, still, it is better to tell a little about my background specifically related to such things so that understanding each others can be easier and this is probably what Dale too may need to know. I am not a mathematican. But, I had used some math including some theoretical math (for example, Lie point symmetry group) when I was pursuing PhD about chaos, mathematically, computationally and experimentally (turbulence in flows), but, these were before at least two decades ago and PhD was incomplete, left the research field/university for "money", went to the industry & engineering & trade in the world. Anyway, I left the chaos, but, the chaos didn't leave me. Then, I focused on "money" in general, "coin" in particular. Anyway, this is not about Erol, all these are about "money" in general, about "coin" in particular.</p><p><br /></p><p>So, let me tell about my some experiences in last years as I focused on these things. When I've shown some coins, in from local bazaar to global market, from totally illiterate people to high level scholar people, from kids to olds, all people have laughed, have made fun of, some few have got angry, etc.. Why? Because. People's reactions are about the function of money, about what those coins are used for, etc. That's, main interest of people is "function" or "purpose" or "what is used for", "utility", etc which are related to "economy", the field "money is related to somethings else". These are general view of people of whole world from little kids to old people. </p><p><br /></p><p>Okay, what is wrong in all these? Lets remember what everybody knows, "money is a tool." But... what mistake people are doing is, if we say in engineering language, people are using this tool WITHOUT knowing the tool well enough... This means, people, from illiterates to scholars, from poors to riches, from kids to olds, etc., all people do NOT know what the money itself is. Since it has been used for tousands of years, it is like a joke, such a joke that I too laughed at myself for living years, after 40 years of living without knowing the money. So, first thing to do is to learn what the money really is and this is purely mathematics, that's, without relating it to somethings else that's economy. Hence, I wrote this generalized pure math formulae for coins, i.e., without relating them to the economy. Here again, generalized version: </p><p><br /></p><p>k.A + l.E + m.I + n.O + p.U + .... (etc) = T(otal) .... Solve k, l, m, etc., and A, E, I, etc... (k, l, m, etc are numbers of coins and A, E, I, etc are face values of coins.)</p><p><br /></p><p>Okay, where will all these end up? When we solve this equation we will have learnt the money in general and the coin in particular. So, for a contribution to this solution, a mathematican was needed and she/he must have had also some interests in the coin. I've not searched the net a lot, but, I am sure there are only a few and found one, <a href="http://web.olivet.edu/~hathaway/math_money.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://web.olivet.edu/~hathaway/math_money.html" rel="nofollow">http://web.olivet.edu/~hathaway/math_money.html</a> , that's, sufficient. (Ok, late here. Later, after Monday.)[/QUOTE]</p><p><br /></p>
[QUOTE="ErolGarip, post: 2815793, member: 88736"]"CoinCorgi", maybe, you just joked, but, even if yours was a joke, you are really close to the solution, also to the generalized version. We'll come back to your answer, later. "Chrisild", thanks for answer, for sharing knowledge about "token", but, I found this strange. If defining the coin this way (if the private issued, it is not coin) is being done by the coin community in general, it doesn't fit my understanding the coin. If coin is a form of money, and I claim so, its main criteria is mathematics (not private or state issue.) While we are at it, while re-visiting that website about "math-money", I need to say these also now. Emphaty. I can do some. Some may say "it is not a fair competition as we don't know about you Erol, we don't know how much knowledgable about the math you Erol are, etc." - OK, first of all, I need to say this, this is not a competition, however, still, it is better to tell a little about my background specifically related to such things so that understanding each others can be easier and this is probably what Dale too may need to know. I am not a mathematican. But, I had used some math including some theoretical math (for example, Lie point symmetry group) when I was pursuing PhD about chaos, mathematically, computationally and experimentally (turbulence in flows), but, these were before at least two decades ago and PhD was incomplete, left the research field/university for "money", went to the industry & engineering & trade in the world. Anyway, I left the chaos, but, the chaos didn't leave me. Then, I focused on "money" in general, "coin" in particular. Anyway, this is not about Erol, all these are about "money" in general, about "coin" in particular. So, let me tell about my some experiences in last years as I focused on these things. When I've shown some coins, in from local bazaar to global market, from totally illiterate people to high level scholar people, from kids to olds, all people have laughed, have made fun of, some few have got angry, etc.. Why? Because. People's reactions are about the function of money, about what those coins are used for, etc. That's, main interest of people is "function" or "purpose" or "what is used for", "utility", etc which are related to "economy", the field "money is related to somethings else". These are general view of people of whole world from little kids to old people. Okay, what is wrong in all these? Lets remember what everybody knows, "money is a tool." But... what mistake people are doing is, if we say in engineering language, people are using this tool WITHOUT knowing the tool well enough... This means, people, from illiterates to scholars, from poors to riches, from kids to olds, etc., all people do NOT know what the money itself is. Since it has been used for tousands of years, it is like a joke, such a joke that I too laughed at myself for living years, after 40 years of living without knowing the money. So, first thing to do is to learn what the money really is and this is purely mathematics, that's, without relating it to somethings else that's economy. Hence, I wrote this generalized pure math formulae for coins, i.e., without relating them to the economy. Here again, generalized version: k.A + l.E + m.I + n.O + p.U + .... (etc) = T(otal) .... Solve k, l, m, etc., and A, E, I, etc... (k, l, m, etc are numbers of coins and A, E, I, etc are face values of coins.) Okay, where will all these end up? When we solve this equation we will have learnt the money in general and the coin in particular. So, for a contribution to this solution, a mathematican was needed and she/he must have had also some interests in the coin. I've not searched the net a lot, but, I am sure there are only a few and found one, [url]http://web.olivet.edu/~hathaway/math_money.html[/url] , that's, sufficient. (Ok, late here. Later, after Monday.)[/QUOTE]
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