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(Equestria Daily)   Research into the monetary system in Equestria reveals that a Bit is one-and-one-half cents US$, and an industrial-strength pet dryer is $1912.46, excluding labor costs to assemble   (equestriadaily.com) divider line 88
    More: Interesting, Equestria, utopian, extrapolations, United States, half cent, conversion rate, Wolfram Alpha, Pinkie Pie  
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3413 clicks; posted to Geek » on 04 Mar 2013 at 7:06 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-03-04 04:54:47 PM  
For those who are asking:
4.bp.blogspot.com
Industrial-strength pet dryer.
 
2013-03-04 05:39:17 PM  
So what does the Super Speedy Cider Squeezy 6000 run? I'm guess at LEAST $500,000... not counting inventory, which they clearly could not afford anyway.

They must have pillaged a lot of farms to make that kind of bits.
 
2013-03-04 05:39:20 PM  
24.media.tumblr.com
 
2013-03-04 05:48:29 PM  

hardinparamedic: [24.media.tumblr.com image 850x816]


That
 
2013-03-04 05:54:39 PM  
i.imgur.com
 
2013-03-04 05:56:26 PM  
25.media.tumblr.com

You mean, tomatoes go for about the same price as a shave and a haircut?

Arbitrage opportunity, in this very community...
 
2013-03-04 05:59:37 PM  
WTF am I reading? Does anyone older than 6 play this game?
 
2013-03-04 06:01:09 PM  
Aren't bits like a solid hunk of gold? They're only worth a few cents?

Then again, what do you expect in an economy where gems the size of fists are just enough for train fare? Inflation, man, it's a biatch.

Luckily, we've a top man working on it.

i.stack.imgur.com
 
2013-03-04 06:15:17 PM  
I think I want to punch a pony having read that.  1.5 cents for a tomato? Seriously?  Has this guy ever even been in a grocery store? I'd think a buck is WAY closer... A bit is a buck.

/Yes I know he was using a wholesale market price based on 100kg lots.  If you can go through 220ish lbs of tomatoes before they go fuzzy, you too can get this price, in India, last month.
//Now where's that pony to punch?
 
2013-03-04 06:22:46 PM  

doglover:
Then again, what do you expect in an economy where gems the size of fists are just enough for train fare? Inflation, man, it's a biatch.

Luckily, we've a top man working on it.

i.imgur.com

But, we have also run into a small inflation problem on account of the high level of gem availability. Which means that, I gather, the current going rate has something like three major diamond mines buying one unfrosted cupcake. So, um, in order to obviate this problem and effectively revalue the gem, we are about to embark on an extensive mine reclamation campaign, and um, Fluttershy won't even need to use the stare to get Spike to eat all the gems. Whether you read that in the management consultant's voice or Pinkie Pie's voice, I think that's a sensible move, don't you?

Hitch-Hiker's Guide to Equestria.
 
2013-03-04 06:22:59 PM  

Speaker2Animals: WTF am I reading? Does anyone older than 6 play this game?


Okay, you earn some free troll credits for that line. Well played.
 
2013-03-04 06:45:26 PM  
Maybe now that Twilight's a princess we'll get some more slice of life episodes for background characters, like Just for Sidekicks, and we'll be able to see more bits in action.

/otaku problems
 
2013-03-04 07:14:53 PM  
"The symbol 'Rs' stands for an Indian Rupee, and a quintal is, "a historical unit of mass in many countries which is usually defined as 100 base units of either pounds or kilograms", http://www.wolframalpha.com/input/?i=tomato">Per Wolfram Alpha, the average weight of a tomato is 85 grams, and the current exchange rate for rupees to United States Dollars is $00.18 per 10 rupees. Using these values, we can put the average value of a single tomato at one and one half cents. * "

This is the definition of "being so smart that you loop back to stupid."
 
2013-03-04 07:19:37 PM  
auxiliarymagazine.com

What a bit might look like.

farm4.static.flickr.com

What a tomato might look like.

Lesson: sell bits, buy tomatoes.
 
2013-03-04 07:23:14 PM  
"Where the hell is Equestria?"

*click*

OH FOR F.....

*unclick*
 
2013-03-04 07:27:40 PM  
The fact that you can't stick a shovel in the dirt in some places in Equestria without coming up with a handful of doorknob-sized gems of varying cuts and colors indicates to me that they can't possibly be very valuable, especially if Rarity gives a ruby the size of an apple to Spike just for being adorable.

I'm also not going to touch the geology of rubies, diamonds, emeralds, and sapphires all being in the same veins, much less the fact that they're already cut. That's the sort of speculation that leads to fan-fiction, and I think we can all agree that nobody wants that.
 
2013-03-04 07:33:01 PM  
This is probably the stupidest thing I've read since the last politics thread.
 
2013-03-04 07:39:49 PM  
I like how the assumption of no efficiencies of scale and arbitrary numbers is accepted as good rigor.

As one of the "armchair economists", I want to cockpunch the author because Ponies are Serious F***ing Business.
 
2013-03-04 07:40:23 PM  
Young girls have no financial sense, of course its going to end up like this.
 
2013-03-04 07:47:59 PM  
Two points of order:

1) "As an aside to the armchair economists who I expect to appear in the comments section, while I was doing this calculation my friends Atlur and Lunar Apologist did a separate calculation based on United States standards for tomatoes (53lbs to a bushel, and an average of $22.00 per bushel) and came out to about eight cents per tomato. This goes to show how difficult it is to pin down a concrete number. For comedy's sake, I used my number."

It did'nt work.

2) Three people of at least secondary school age tried to figure out the exchange rate for cartoon money. "Star Trek" is officially no longer the warren of the geekiest people on earth.
 
2013-03-04 07:50:27 PM  

peasandcarrots: The fact that you can't stick a shovel in the dirt in some places in Equestria without coming up with a handful of doorknob-sized gems of varying cuts and colors indicates to me that they can't possibly be very valuable, especially if Rarity gives a ruby the size of an apple to Spike just for being adorable.

I'm also not going to touch the geology of rubies, diamonds, emeralds, and sapphires all being in the same veins, much less the fact that they're already cut. That's the sort of speculation that leads to fan-fiction, and I think we can all agree that nobody wants that.


Celestia, cutting gems and mining with hooves is hard. Please fix it. Yrs Truly, Peach Pie the Rockfarmer
 
2013-03-04 07:52:14 PM  
i1183.photobucket.com
 
2013-03-04 07:52:45 PM  
Current monetary values for a single tomato on Earth are harder to calculate, since prices can fluctuate wildly. The most recent data I could find came from an article onhttp://www.thehindubusinessline.com/industry-and-economy/agri-biz/to ma to-prices-rise-on-lower-arrivals/article4471734.ece?ref=wl_investment- world" style="text-decoration: none; color: rgb(102, 153, 204); font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 14.666666984558105px; line-height: 13.333333015441895px;">The Hindu Business Line, quoting the fact that, "...different varieties of tomato arrived at the Karnal vegetable market and were quoted Rs 350-1,850 a quintal."

The symbol 'Rs' stands for an Indian Rupee, and a quintal is, "a historical unit of mass in many countries which is usually defined as 100 base units of either pounds or kilograms",. In our case, since the article uses kilograms, so will we. We will assume an average value for these tomatoes at 1000 rupees per quintal, or 1000 rupees per 100 kilograms of tomatoes- or, for simplicity, 10 rupees per kilogram of fruit.http://www.wolframalpha.com/input/?i=tomato" style="text-decoration: none; color: rgb(102, 153, 204); font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 14.666666984558105px; line-height: 13.333333015441895px;">Per Wolfram Alpha, the average weight of a tomato is 85 grams, and the current exchange rate for rupees to United States Dollars is $00.18 per 10 rupees. Using these values, we can put the average value of a single tomato at one and one half cents.



Argh... Why rupees as some middle point? If you'd use actual American market prices for your tomatos, LIKE WHERE THE WRITERS LIVE, you'd get a dollar 12.5 cents per bit.
 
Poe
2013-03-04 07:59:17 PM  
The Mane Six giving Spike gems of wildly differing color, size and shape to perform the same service hints at a much more complex economy at work. Still, the issue that really bothered me with those episodes is that the trip north and back was accomplished twice in a single day, with a great deal of time spent there. Just how close is the Chrystal Empire located to Ponyville? Especially since the trip to transport the Marzipan Mascarpone Meringue Madness to Canterlot was an overnight trip on the same train, and it can be seen with the naked eye from Ponyville.
 
2013-03-04 08:04:45 PM  
 
2013-03-04 08:15:18 PM  

peasandcarrots: The fact that you can't stick a shovel in the dirt in some places in Equestria without coming up with a handful of doorknob-sized gems of varying cuts and colors indicates to me that they can't possibly be very valuable, especially if Rarity gives a ruby the size of an apple to Spike just for being adorable.

I'm also not going to touch the geology of rubies, diamonds, emeralds, and sapphires all being in the same veins, much less the fact that they're already cut. That's the sort of speculation that leads to fan-fiction, and I think we can all agree that nobody wants that.


One said that it's a magical fungus that reproduces through the gems.
 
2013-03-04 08:29:11 PM  

Dragonflew: "Where the hell is Equestria?"
*click*
OH FOR F.....
*unclick*


Oh, too late.  What has been seen...
fc00.deviantart.net
 
2013-03-04 08:39:48 PM  

Ishidan: Dragonflew: "Where the hell is Equestria?"
*click*
OH FOR F.....
*unclick*

Oh, too late.  What has been seen...
[fc00.deviantart.net image 502x376]


HERD BLACKFACE!
 
2013-03-04 08:50:08 PM  
img21.imageshack.us
 
2013-03-04 08:54:50 PM  
I yell "NERDS!" except I once built an app to convert any real currency into Potterverse currency (galleons, sickles and knuts) and vice versa.

/ csb
 
2013-03-04 08:55:24 PM  

PonceAlyosha: Solidarity is Illusion: The political economy of My Little Pony.

Have fun, nerds.


Asymptotically, that site continues to approach the platonic ideal of nerdery.

media.tumblr.com

Dear Princess Celestia,

I hear there's a new position open at the second-to-top level of the cake. Also, I have nothing to do between Seasons 3 and 4 but hang out with Spike.

I'm the A to the V to the A-R-I-C-E,
And ain't no other pony manage bits like me,
I'm avaricious.

Your aspiring student,
Twilight Farkle.
 
2013-03-04 08:59:46 PM  

maxx2112: I yell "NERDS!" except I once built an app to convert any real currency into Potterverse currency (galleons, sickles and knuts) and vice versa.

/ csb


Actually is.
 
2013-03-04 09:04:47 PM  
Who on earth uses Indian wholesale warehouses as a price reference for buying tomatoes at the grocer?!

I normally see about $3/pound (YMMV) so something like a buck a tomato.
 
2013-03-04 09:16:14 PM  

Uzzah: What a bit might look like.


YES

doglover: Luckily, we've a top man working on it.


Like, a bear? I always assumed they were tops.
 
2013-03-04 09:17:45 PM  

The Evil That Lies In The Hearts Of Men: Who on earth uses Indian wholesale warehouses as a price reference for buying tomatoes at the grocer?!

I normally see about $3/pound (YMMV) so something like a buck a tomato.


Also, the tomato in the show is a big beefy one. At least 250g or more.

It's nearly as big as Fluttershy's nose, and since they're about 4' tall or so, you can extrapolate it all out.

I'd estimate a bit as around $1. Which makes more sense when a pint if cider's only a few bits. If it was cents, they'd need a mountain of bits for one glass.
 
2013-03-04 09:19:08 PM  
This is my 49th Greenlight. The 50th is going to be one heck of a doozy.
 
2013-03-04 09:19:51 PM  
Those ponies have a form of currency called  bits?  That's kind of like humans having a currency called "handcuffs".  Or my cats having a currency called "Spray bottle partially filled with water always poised menacingly close to the stove".
 
2013-03-04 09:22:38 PM  

grinding_journalist:
Like, a bear? I always assumed they were tops.


i245.photobucket.com

Nope. There's at least one bear in the series who's Fluttershy's biatch, and that's just the way he likes it.
 
2013-03-04 09:22:45 PM  

Dokushin: Those ponies have a form of currency called  bits?  That's kind of like humans having a currency called "handcuffs".


Couldn't call em "bucks", now could they?
 
2013-03-04 09:25:56 PM  

The Evil That Lies In The Hearts Of Men: Who on earth uses Indian wholesale warehouses as a price reference for buying tomatoes at the grocer?!

I normally see about $3/pound (YMMV) so something like a buck a tomato.


i.imgur.com

Y'mean ah was s'posed to be buckin'... tomatoes?!

Ishidan: Dokushin: Those ponies have a form of currency called  bits?  That's kind of like humans having a currency called "handcuffs".

Couldn't call em "bucks", now could they?


i.chzbgr.com

Eeeeeeeeex-actly. Whoo-ee, she gets a lot past the censors, but there are limits...
 
2013-03-04 09:26:11 PM  

Ishidan: Dokushin: Those ponies have a form of currency called  bits?  That's kind of like humans having a currency called "handcuffs".

Couldn't call em "bucks", now could they?


Not when that's a kick strong enough to knock all the apples off a tree, no.

"AJ, gimme two bucks." Would be a death sentence.
 
2013-03-04 09:26:59 PM  

Ishidan: Dokushin: Those ponies have a form of currency called  bits?  That's kind of like humans having a currency called "handcuffs".

Couldn't call em "bucks", now could they?


... ... I tip my hat, sir or madam.

\ +1 LOL IRL
 
2013-03-04 09:46:35 PM  
Its stuff like TFA that make me face palm.

Twilight Farkle: Asymptotically, that site continues to approach the platonic ideal of nerdery.


Twilight Farkle: Eeeeeeeeex-actly. Whoo-ee, she gets a lot past the censors, but there are limits...


And then the Bronies redeem themselves. I'm stealing the communist pic.

But I'm still gonna give demerits to whoever parodied Industrial Disease in the last thread. Hooves off my Knopfler.
 
2013-03-04 10:00:10 PM  
Someone has to much time on thier hands if your doing MLP exchange rates.

/ Now excuse me, I'm off to my Klingon language lesson
 
2013-03-04 10:01:51 PM  
i.imgur.com
 
2013-03-04 10:13:53 PM  

Jim_Tressel's_O-Face: Its stuff like TFA that make me face palm.

Twilight Farkle: Asymptotically, that site continues to approach the platonic ideal of nerdery.

Twilight Farkle: Eeeeeeeeex-actly. Whoo-ee, she gets a lot past the censors, but there are limits...

And then the Bronies redeem themselves. I'm stealing the communist pic.

But I'm still gonna give demerits to whoever parodied Industrial Disease in the last thread. Hooves off my Knopfler.


Well, since that was also me... (Oops, my bad!)

i719.photobucket.com

But I'm still ahead by one bit, right?

th00.deviantart.net

Right.

The going exchange rate in this world is one Equestrian Bit for USD $20.00. Keep in mind that this rate reflects the operating costs of powering up the portal from Equestria, so the costs reflect the premium that ponies and humans are willing to pay for items of decorative value and perceived R/rarity, but not purchasing power parity.
 
2013-03-04 10:18:07 PM  
Why's it in English?
 
2013-03-04 10:21:46 PM  

doglover: The Evil That Lies In The Hearts Of Men: Who on earth uses Indian wholesale warehouses as a price reference for buying tomatoes at the grocer?!

I normally see about $3/pound (YMMV) so something like a buck a tomato.

Also, the tomato in the show is a big beefy one. At least 250g or more.

It's nearly as big as Fluttershy's nose, and since they're about 4' tall or so, you can extrapolate it all out.

I'd estimate a bit as around $1. Which makes more sense when a pint if cider's only a few bits. If it was cents, they'd need a mountain of bits for one glass.


See this would make sense, except in S2E19, Fluttershy went to buy a cherry and, while the vendor tries to rip her off, it was clear that the expected rate for a single cherry was one bit.  So $1 for a tiny cherry seems unusual.

Er... I mean...

PONIES R DUMB.  UR ALL NERDS!
 
2013-03-04 10:36:28 PM  

Yuri Futanari: doglover: The Evil That Lies In The Hearts Of Men: Who on earth uses Indian wholesale warehouses as a price reference for buying tomatoes at the grocer?!

I normally see about $3/pound (YMMV) so something like a buck a tomato.

Also, the tomato in the show is a big beefy one. At least 250g or more.

It's nearly as big as Fluttershy's nose, and since they're about 4' tall or so, you can extrapolate it all out.

I'd estimate a bit as around $1. Which makes more sense when a pint if cider's only a few bits. If it was cents, they'd need a mountain of bits for one glass.

See this would make sense, except in S2E19, Fluttershy went to buy a cherry and, while the vendor tries to rip her off, it was clear that the expected rate for a single cherry was one bit.  So $1 for a tiny cherry seems unusual.

Er... I mean...

PONIES R DUMB.  UR ALL NERDS!


Yes, but nobody sells cherries in singles generally. If you looked like a dumbass and went to buy one cherry from your farmers market, expect them to either give it to you or charge you like $0.50 at least.
 
2013-03-04 10:38:10 PM  

doglover: Why's it in English?


i.imgur.com

I blame the Portal. (The coin's still only mostly in English.)

I enjoyed teh show's approach to i18n/l10n in the cartoon. If, as in this episode, the "Foal Free Press" has an "exclusive" scoop, the animated assets were drawn to resemble English just barely enough to make an English reader's brain recognize the letterforms and things that were almost, but not quite, words. At the same time, the assets aren't English enough (not entrely a Latin character set, not entirely in a left-to-right reading direction, etc.) to require localization or translation.
 
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