Electrified banking.
Posted: Thu Jan 31, 2013 10:57 pm
Here is my idea for an economy centred around electricity, and using banks across the gameworld to store it.
The premise is as follows, 1 unit of electricity at base value equals 100cats, which is agreed upon by all of the people living in kenshi-land. This electricity is stored in banks, both for safekeeping, and easy access. As we all know batteries lose their charge over time, so we will need an on-going supply of electricity to keep the stocks fresh.
You can go to your bank with your cats, or electricity to buy a document which is equal to the value of electricity you stored. This means that you can go to another bank, on the other side of the world, and retrieve your electricity there. As long as you have this document.
Because of these basic assumptions in the premise a deteriorating supply means the value of electricity can rise/lower based on politics, and the market. Which means the currency we use to value electricity by will be worth more, or less depending on the global supply of electricity.
A decrease in supply of electricity means cats are worth more, but it also means that manufacturing goods that require electricity are more costly. This can be applied locally.
A region where electricity is scarce might pay you extra cats over the base value for this document. For instance you deposited 5 units of electricity, and the bank gave you the document proving you own 5 units of electricity. You can go to a region that doesn't produce it's own power, and sell that document for a profit over the market value. So if they really want that document they might pay you 750-1000 cats instead of the 500 it's worth elsewhere.
This does several things, if NPC's will be able to sell electricity too you will get a proper trade going based on geopolitics, and supply/demand. It will make long distance, and high profit trade easier as you do not have to weigh down your group. It also doesn't remove the old school trading of goods, it just adds another good. It all just depends on supply, and demand. It also makes more sense than moving batteries across the world from one village to another.
I'm not a financial genius, so I probably made some errors here, and there. Please if you find any errors in my assumptions, and ideas correct me.
The premise is as follows, 1 unit of electricity at base value equals 100cats, which is agreed upon by all of the people living in kenshi-land. This electricity is stored in banks, both for safekeeping, and easy access. As we all know batteries lose their charge over time, so we will need an on-going supply of electricity to keep the stocks fresh.
You can go to your bank with your cats, or electricity to buy a document which is equal to the value of electricity you stored. This means that you can go to another bank, on the other side of the world, and retrieve your electricity there. As long as you have this document.
Because of these basic assumptions in the premise a deteriorating supply means the value of electricity can rise/lower based on politics, and the market. Which means the currency we use to value electricity by will be worth more, or less depending on the global supply of electricity.
A decrease in supply of electricity means cats are worth more, but it also means that manufacturing goods that require electricity are more costly. This can be applied locally.
A region where electricity is scarce might pay you extra cats over the base value for this document. For instance you deposited 5 units of electricity, and the bank gave you the document proving you own 5 units of electricity. You can go to a region that doesn't produce it's own power, and sell that document for a profit over the market value. So if they really want that document they might pay you 750-1000 cats instead of the 500 it's worth elsewhere.
This does several things, if NPC's will be able to sell electricity too you will get a proper trade going based on geopolitics, and supply/demand. It will make long distance, and high profit trade easier as you do not have to weigh down your group. It also doesn't remove the old school trading of goods, it just adds another good. It all just depends on supply, and demand. It also makes more sense than moving batteries across the world from one village to another.
I'm not a financial genius, so I probably made some errors here, and there. Please if you find any errors in my assumptions, and ideas correct me.