On Fri, Jul 11, 2008 at 4:09 PM, Roger Hicks <[EMAIL PROTECTED]> wrote:
> On Fri, Jul 11, 2008 at 2:04 PM, Ben Caplan
> <[EMAIL PROTECTED]> wrote:
>> We want to restrict fines to currencies whose backing documents opt-in
>> to fineability. Now, we could make it binary rather than scalar
>> (instead of "The maximum FINE amount of VP is 7", "VP are fineable"),
>> if you want to give more power to the judge, but fineability really has
>> to be opt-in, or at the very least opt-out. Otherwise zero-sum
>> currencies such as VP will horribly break.
>>
>
> Why? As long as the fine can be paid to the L&FD it doesn't break
> zero-sum currencies, and therefore any currency can be finable without
> breaking its underlying contract.
>
> (NOTE: I'm intending to submit a proposal to allow the Accountor to
> auction off items in the L&FD as previously discussed)
>
> BobTHJ
>
What if the backing document of a currency doesn't want such an
auction? See my suggestion for how VP could be finable.
