On 5/12/07, Michael Slone <[EMAIL PROTECTED]> wrote:

On 5/12/07, Roger Hicks <[EMAIL PROTECTED]> wrote:
> There shall exist a type of entity known as a Currency Owning Entity
> (hereafter COE).

I would recommend using a different name, or a different abbreviation.
For many years COE was used as an official abbreviation for Claim of
Error.  Even though that no longer has official recognition, it's
still a good idea to avoid it.


Sure, I'm not married to the term. Please forgive my newness and
unfamiliarity with Agoran history. I figured I wasn't the first to propose
currency in this Nomic, but I honestly don't know how it has been done
before.


                 Every COE has a value Currency.

While doing things this way does avoid dealing with fungibility, I'd
prefer Agoran Dollars being discrete objects held by COEs, rather than
being mere features of COEs.


I suppose Agoran Dollars could be made Trinkets?


                                                 This is a non-negative
> integer value. One unit of Currency is known as an Agoran Dollar. An
amount
> of Currency can be represented using the dollar sign ($). Fractional
values
> of Currency shall be rounded to the nearest Integer.

It looks like you intend Currency to be discrete ``at bottom''.  Maybe
something like the following would work?

    Currency is a non-negative integral number of Agoran Dollars.  The
    symbol for the Agoran Dollar is the Dollar Sign, written $.  A
    quantity of Agoran Dollars that would otherwise be non-integral
    shall be interpreted as that quantity of Agoran Dollars rounded to
    the nearest integer.


> Currency is owned by the COE who possesses it. A COE may transfer
Currency
> they own

This is just a style issue, but it's more common in Agora to use the
Spivak pronouns (``may transfer Currency e owns'') rather than the
singular ``they''.  I should not that it is *not* required that you do
so.  In particular, our Mighty First Speaker Michael tended to use
singular ``they'' instead of the Spivak pronouns.


>          to another COE freely by making an announcement to the Public
> Forum.

Here I have a couple of questions, though.  First, since Currency is a
value (and apparently just a natural number), what does it mean to
transfer Currency?

Second, does the announcement of a COE who wishes to transfer Currency
have to take any particular form?  If not, how is it to be
distinguished from other actions performed publicly?  I suggest
revising this to

      A COE may freely transfer any specified amount of Currency to
      another COE by announcement.

This ensures that the donating entity must post something along the
lines of ``I transfer 8$ to foo' in order to transfer Currency.


Thanks, I'll incorporate your wording on the above.


       When a COE is instructed to pay Currency or Agoran Dollars to
another
> COE, the specified amount of Currency is deducted from eir total and
added
> to the other COE's total.

It might be more interesting (and give another reason to start
rebuilding criminal law) if being instructed to pay Currency only
imposed a requirement to pay rather than it happening automatically.


I'm not opposed to this, but I don't want to cause a nightmare of paperwork
either.


Currency is regulated by the rules and may not be created or destroyed by
> any means except through a proposal with an Acceptability Index equal to
or
> higher than this rule's power.

What is an Acceptability Index?


uh...it is reserved for truly indecent proposals....


Whenever a Player registers, Currency shall be created in the amount of
> $1,000 and given to em. When a Player de-registers, any Currency they
> possess shall be destroyed.

What does it mean to create or destroy Currency?

--
C. Maud Image (Michael Slone)
I dance the dance of the objectionable; no, that's not right...

I dance the mysteriously frowning dance of the objecting.
                -- Michael, in agora-discussion


BobTHJ

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