On Fri, Nov 21, 2008 at 12:10, Taral <[EMAIL PROTECTED]> wrote: > On Fri, Nov 21, 2008 at 6:50 AM, Geoffrey Spear <[EMAIL PROTECTED]> wrote: >> I PBA-deposit a 1 crop. I PBA-withdraw an X crop (how ridiculous is >> it that this is a better deal than milling 0-1?) > > Not ridiculous at all. >
I have noticed one issue with the PBA: rates will inflate over time. Take Point Vouchers as an example. Because the bank had none the exchange rate skyrocketed at 2 per day until I deposited some, greatly over-inflating the value of PVs. It will take weeks for the bank to see them auto-decrease back to a reasonable rate. This was obviously an extreme case, but as this happens to other currencies (to a lesser extent, probably) I suspect it will cause the PBA's rates to slowly climb. The rate of climb should be slow enough that it won't interfere with everyday banking, but over time it will cause a devaluation to the coin....so it's probably best not to stockpile them. BobTHJ
