Would this time travel money scheme work?

sevenblu

feeling blu
Registered Senior Member
Current scientific theory states that Time Travel may be possible, however the technology is a long way off, perhaps hundreds of years in the future. Now, assume it does become possible in say, 500 years. As with any technology, Time Travel will get less expensive as time goes on. Just as the price of a VCR has dropped to less than $70 from the several hundred dollars it cost just ten years ago, Time Travel, once it becomes feasible, will initially be very expensive yet it will become more and more economical as time goes by.

The concept is that one day, it may be possible for people living far in the future to retrieve you from your current frame of reference (their past - your present) and bring you into the future (their present - your future.)

What if we establish a fund in current time. You make a small contribution to the fund, and in a few hundred years that small amount grows to a very large amount. From that fund, moneys will be taken and used to retrieve you, perhaps seconds after you join, perhaps even moments before your recorded death, perhaps some other point in your lifetime. Further, the fund may even pay to have you "rejuvenated" medically (assuming this is scientifically possible at that time,) and support you financially for a number of years. (Note: Retrieving you just before the moment of death is just one possible scenario, but one that would avoid any Star Trek type paradoxes. There are an unlimited number of other possibilities, and we do not know what they will do, we can only make reasonably informed guesses.)

That is the purpose of the fund. The simple answer is, we pay them to bring you into the future.


The fund would work on compound interest. As long as the interest earned out paces inflation and taxes, the money will eventually build to where the costs of retrieving, rejuvenating and supporting you are fully covered.

For example, if you make a one-time only deposit of just a single dollar, at only 5% interest compounded yearly, in five hundred years that single dollar will grow to $39,323,261,827.22 (That's 39 BILLION with a "B" dollars!) Please note that we hope to earn 5% interest above taxes and inflation, which is very possible, even in today's economy (Tax lien certificates, for example, return 16% or better.) If we make 5% above taxes and inflation, then it would be like having $39 billion in today's money.
 
Originally posted by sevenblu

For example, if you make a one-time only deposit of just a single dollar, at only 5% interest compounded yearly, in five hundred years that single dollar will grow to $39,323,261,827.22 (That's 39 BILLION with a "B" dollars!) Please note that we hope to earn 5% interest above taxes and inflation, which is very possible, even in today's economy (Tax lien certificates, for example, return 16% or better.) If we make 5% above taxes and inflation, then it would be like having $39 billion in today's money.

What???

That's bullshit (that's bullshit with a 'B').

In five hundred years your dollar would be worth a few more dollars.

Interesting idea though.
 
as a money scheme yes, rightnow there is a man who isselling plots of land on the other planets and the moon for money

(excuse the bad spelling my arm is asleep)
 
Not considering the math...

Not considering the math, in time, eventually you would have enough money... as long as civilization survived? Do you think it could ever work?
 
3780621324.3186670616842217142777

This is about the answer to how much money you would get at 5% increase from 1 dollar in 500 years.

Its not exact because I just took 1 x 1.05 about 500 times and was in a hurry because it is five hundred times pushing the = key!:D
 
Saving money for far-future doesn't work

Saving money for far-future doesn't work coz of the fact that money devalues itself very fast. Economically 1 million dollars today will be about 20 dollars in 500 years

nanoboy
 
If time travel works, then chances are that one of our sciforum members great graet grand child has already visited the family to gather some geneological info - like taking holographic pictures. Those who would like to see such events and not freak out, you can post as such on your web page which can be picked up by your progeny and perhaps pay a visit.

something to think about.
 
Technically you could send some type of message into the future and someone could try to time travel and bring you to the future.

Only problem is when this person time travels to get you you wouln't know about it!

This is because when you time travel you go into a paralell universe and the you thats getting picked up isn't really you!

Bet the alternate you would be surprised! :D
 
The concept is that one day, it may be possible for people living far in the future to retrieve you from your current frame of reference (their past - your present) and bring you into the future (their present - your future.)

Ok, does anyone else see the problem with this statement? Fine, I'll tell you the problem:

To even consider time travel, you must prove that the time itself is fixed; i.e. the future is set, or would at least perpetuate from the path you lead at the moment you got in the time machine. This, my friends, is just not true. If the future were fixed...well, I'll get into that now...

Why haven't any of our time-traveling decendants come and seen us yet? If the future was fixed, and time travel was possible, then someone from the future would have already shown us the technology. We would be able to shake hands with Jesus, or pimp slap Abraham Lincoln. But none of this has happened. And because of that, time travel cannot be possible.

JD
 
Just because we don't see time travelers doesn't mean time travel isn't possible.

Theres a bunch of different things that could happen.

Time travel into another universe.

Time travelers could be invisable.

Time travelers could be the source of UFO's.

And many others.

Its the classic example of just because you don't see it doesn't mean it's not there.:)
 
Time travel into another universe.

Who's to say there is another universe? That isn't a reasonable argument.

Time travelers could be invisable.

You're just making this stuff up.

Time travelers could be the source of UFO's.

I'd agree with that one, and had actually heard a theory about that many years ago.

Its the classic example of just because you don't see it doesn't mean it's not there.

OK, but the fact is that we would have had some contact with time travelers at some point. Face it, it's impossible.

JD
 
What I mean by invisable time travelers is that they would most likely have some type of optical stealth. Which is already being developed by some companys.

Meaning that you wouldn't see either the craft they used for time travel or even the time travellers themselves because they would be invisable to the naked eye.

About the only way you would know they are there would be if you bumped into them.:D
 
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