Timeline for Tokens vs money
Current License: CC BY-SA 3.0
5 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jan 2, 2017 at 18:53 | comment | added | Bill | Do amusement parks do the ticket thing any more? I thought that went out during the 1980s. Disney World is "ride all day." Other amusement parks I know of are also "ride all day." | |
| Jan 2, 2017 at 18:51 | comment | added | Bill | 2. could be expanded by challenging the author's assumption of universal 1:1 exchange rate. If the park has market power, then it likely wants to price discriminate (via targeted coupons, say). Some people get a 1:1 exchange rate, and some people get a 1.1:1 exchange rate. Etc. | |
| Dec 9, 2014 at 3:17 | comment | added | Jamzy | I am a bit skeptical about your first point. I can't imagine Disneyland is accruing interest on these deposits. Much will be held in cash, which yields no return and I doubt the rest is being invested or deposited considering the need to be very liquid in this arrangement. I think your second point valid. In addition, I think the ability to control the market is useful. | |
| Dec 5, 2014 at 20:59 | history | edited | Steven Landsburg | CC BY-SA 3.0 |
deleted 1 character in body
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| Dec 5, 2014 at 19:00 | history | answered | Steven Landsburg | CC BY-SA 3.0 |