On Tue, 2 Oct 2018, ais...@alumni.bham.ac.uk wrote:
> On Tue, 2018-10-02 at 03:04 -0700, Kerim Aydin wrote:
> >
> > Actually, if real-world currencies are mapped via contract to being
> > Agoran currencies, there *IS* a reporting requirement:
> > The recordkeepor of a class of assets is the entity (if any)
> > defined as such by, and bound by, its backing document. That
> > entity's report includes a list of all instances of that class
> > and their owners.
>
> Right, but "implicit real-world contracts" won't be defining a
> recordkeepor. I think the standard of explicitness to do that wouldn't
> be overwhelmingly high, but would be high enough that it'd be hard to
> do by mistake.
Good point. Actually, the real killer is that Contracts, to be
recognized as such by Agoran law (and thus subject to Agoran record
requirements), have to made "with the intention that it be binding upon
them and be governed by the [Agoran] rules." So this line of argument
is a dead-end for real-world currencies which wouldn't be recognized
as contract-backed (due to lack of intent to be bound by Agora).
