NM WebDex Y2K20 records the fugitive meanings of New Models’ vernacular as collectively defined by a swarm of NM dark forest dwellers in early 2021.
Multidimensional Money

A concept of money that has multiple dimensions in its representation of value. It represents programmable money that has other attributes and vectors that are enmeshed within broader socioeconomic processes and thus prevent the anomalies of the market, such as oil prices sliding below zero.

00:13:45 - 00:15:39

LIL INTERNET: I mean, I don't know this for a fact. But like, the argument about why you break the eggs and toss the food is because you don't want to disrupt the pricing by flooding the market with all this like free food or something, right? Why isn't there some pathway to get rid of excess food in a useful way?

Daniel Keller: I think there is, it’s just that it’s not flexible enough. The same thing with the oil thing, it just takes a while, like a lot of the oil that's in the system now, it was drilled several months ago, it takes a long time. And same thing with the food supply system. And a lot of regulations, of course, that's the packaging is not like, oh, “there's no packaging,” it's because of regulations. Same thing with the toilet paper, the type of paper that goes into commercial toilet paper is just not the same as home toilet paper, you have to also look into that, like there's not flexibility because of laws that make sense, you know, in normal times, but then all of a sudden, don't. I mean, it would be great to have a more flexible system, or just like a way of accounting for value that actually costs money, you know, doesn't save money. That seems logical to me, which of course implies that there's regulation, although it could be somehow designed into the...I don't know, I don't know exactly what that looks like. But yeah, just a multi-dimensional money that counts for that I can only come back to this just like it's just too one dimensional to account for..

LI: ...I like the idea of multi-dimensional money.

DK: Honestly, it's sort of like Etherium. Like programmable money that has other attributes, other vectors, one base value that inherently modulates the value of it. And as you know, and also a political system that runs on that, more or less. And then, of course, you know, it could come from a sort of decentralized system. You know, we want to use the term BIOS level – a smart contract, some kind of mutually agreed...I don't know, whatever. We're really dreaming big here, crypto stuff.