2008/6/8 Nick Vanderweit <[EMAIL PROTECTED]>: > Since I've been thinking a lot about proposals I could submit that > might benefit Agora, I decided I'd throw an idea out there for you > guys to give me feedback. > > My idea is an official currency, the Napier, abbreviated Np, which is > the base-10 log of its worth. 2 Np is worth 10x as much as 1 Np which > is worth 10x as much as 0 Np. One can transfer, for example, 1 Np to a > person who has 2 Np, and, assuming no tax, the recipient will have > 2.041 Np, which is log(10^2+10^1). Taxes are easy in this system, as > one just adds log(1-N) to the amount being sent to get the amount > received, where N is the tax rate. > > An office could be set up, the Treasuror, or an existing office (maybe > that one already exists?) could manage the amount of Np people have. > If person A transfers 2 Np to person B, then person B only receives > 2+log(1-N) Np, and the remaining 2+log(N) Np would go into the > Treasury, which is managed by the Treasuror. This could be used to pay > salaries for people who hold offices and complete their reports on > time, among many other things. > > IMO, a good, though slightly confusing currency is just what Agora > needs. Tell me what you all think, and how this would fit in with > current Agoran rules and offices. > > avpx >
Yes please! ehird
