Wooble wrote:
> On Mon, Apr 20, 2009 at 10:39 AM, Ed Murphy <emurph...@socal.rr.com> wrote:
>> I intend, with the consent of the People, to amend the PBA contract
>> by appending this section:
>>
>> *) Upon the addition of this section, each Eligible Currency's rate
>> is set to ^14, then this section is removed.
>
> Doesn't that just make things much worse, considering how many Coins
> are outstanding?
Possibly, though the PBA's basic economic assumptions (scarce currencies
inflate until deposited, non-scarce currencies deflate until withdrawn)
have arguably already been broken due to non-reporting and collective
apathy.
I intend, with the consent of the People, to amend the PBA contract by
appending this section:
*) Upon the addition of this section, each entity's Coin holdings are
set to the square root of that entity's previous Coin holdings
(rounded down), then this section is removed.
