On 22 Oct 2008, at 19:16, Alex Smith wrote:
I'd also like to point out that the current exaggerated rate is quite
possibly correct. The PBA's designed to adjust exchange rates
automatically, and I think it'll automatically adjust so that a Coin is
worth 10 Chits if people withdraw and deposit using the best strategy.
--
ais523



What the bank run and the PBA are ending up doing is making it so that 1 coin = 10 chits. Unfortunately, this isn't very good for the RBoA right now as that is not their
actual worth.

--
ehird

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