On The Utility of Music as Cryptocurrency
On the Micronesian Island of Yap, in olden times, money consisted of large stones carved into several-foot diameter circular shapes with central holes of several inches in diameter.
There was no actual use (or “utility”) for these stones, but they could only be made by taking long and dangerous sea-voyages to islands hundreds of miles away, where the limestone could be quarried, and then transported back (via outrigger canoe) at an even higher and more perilous risk... The value of this currency was therefore based only on its rarity and the inherent difficulty of its acquisition.
One might also infer, from the roundness of these carved and polished stones, that they could be rolled for spatial intervals, to be transported. This, my Readers, was the invention of “Rock and Roll”.
I suggest that there is much greater usefulness to mere sound-waves (i.e. as “Music”) which seems to justify an even higher value than the old Yap stones (at the very least). I postulate the following:
Time=Money
Information=Money
Intelligence=Money
Therefore, Superluminally-embedded Information which allows alteration of Future History should also be "Money".
Sound has been demonstrated to be able to travel faster than lightspeed (i.e. "superluminally"), because Phonons (quanta of sound/vibration) are massless and therefore not restricted to the Einstein limit of velocity (c= speed of light).
Music itself is the original cryptocurrency. It brings joy to the listener, or a plenitude of other emotions, and subliminally imparts information about 5-Dimensional Hilbert Spaces. In my opinion, that is why People can score 20-points higher on IQ tests while listening to Mozart (i.e. "The Mozart Effect"), because so much of his music is based on time-travel and alternate Universes (Alternate Histories). Einstein himself admitted that most of his inspiration for Relativity came from listening to Mozart, and as an accomplished violinist with a very keen ear, his statement cannot be discounted as mere metaphor.
The primary effect of listening to Mozart is enhanced "Spatial Reasoning" skills, which is quite reasonable if we consider that Mozart's music (especially) contains some of the clearest examples of speech-synthesis and superluminal information content, as well as clear-cut discussions of Alternate World-histories, etc. Ingmar Bergman also agreed with me about this (“Bach and Beethoven show us other worlds”). https://www.facebook.com/notes/nicholas-meyler/ingmar-bergman-on-possible-worlds-beethoven-and-bach/125256810845569/
In any case, one of the reasons Apollo was the Greek God of Music, Prophecy and Reason (in my opinion) is that Music permits Superluminal Information Transmission and thereby enables great Reasoning skills, based on better Information.
The old adage about music being worthless (i.e. "It's worth a song", meaning valueless) is questionable. Rather, Music is perhaps a cryptocurrency of greater value than mere "money" itself.
The idea behind Bitcoin was that digital information has inherent value. This has proven, at least empirically, at least so far, to be true, where Bitcoin has commanded prices up to $15,000 per unit.
There is also a utility to Music, based on psychoacoustical phenomena, which is unique. For instance, acoustical perception of the note A (440 Hz) actually stimulates nerves in the brain to vibrate at exactly 440 Hz ["This is Your Brain on Music" by Daniel J. Levitin: https://daniellevitin.com/…/boo…/this-is-your-brain-on-music/]
No other type of perception of Art forms does this. So, Music, which is clearly an Art, has a unique value unto itself. We also know that Art has value, from recent events like a fairly unknown painting by Da Vinci selling for $450 million.
So, I suggest that we need to re-think our attitudes about Music, and reconsider it to be a medium of communication and commerce which deserves greater attention.
Sr. Process Technology Development Engineer at Intel Corporation
5 年Nice write up. Music already has some requirements in order to enjoy it. Healthy body, instruments (mics, amps,speakers etc), a medium to travel.. If we encrypt or have gatekeepers at each of these locations, it probably wont be called music any further! But who knows, maybe it will.
Healthcare Recruiter - Talent Acquisition
6 年Cryptocurrency is built upon the same absurd concept that traditional paper currncy is built upon - the idea that you can somehow trust entrenched national economic interests (like the U.S. Government) to be responsible stewards.? The only difference between the U.S. Dollar and the Venezualan Bolivar is the fact that we have a few billion more investors that are knee deep in our Ponzi scheme who can't afford to pull out anymore than we can.? The problem with crytocurrrencies is the few people that actually understand them are also the ones in control of them.? I guess we do get exactly the government/society/economic system we deserve.?
Over 40 MILLION FOLLOWERS! (who identify as Les-bians) Creative Director of Data & AI / Emmy-winning 360°, Full Stack Copywriter / Brand, Digital, Social / Data Scientist|Data Analyst / Video & Editing / Coder
6 年And, of course, nothing has been hacked and stolen as a much as music. So, as a crypto-currency, it has that going for it.
CEO/Chief Talent Officer @ Meyler Search Associates
6 年I wrote this, partly as a joke about the fact that cryptocurrencies are partly valueless, and I'm a little surprised at the fact that there have been no comments yet.? Of course, Milton Friedman, Nobel Economist, also wrote on a similar theme relating to the Yap stone coin artifacts, but that was prior to the existence of crptocurrencies.