It is timed at the end of the month (as it says) as it says which avoids the bouyancy problem, and likely the auction problem.
On Fri, Aug 6, 2021, 2:13 PM Trigon via agora-discussion < agora-discussion@agoranomic.org> wrote: > On 06/08/2021 03:44, Ned Strange via agora-business wrote: > > There are too many coins. let's delete some. This will do nothing but u > > know aesthetics. > > > > I create and pend the following proposal by using a pendant > > > > Title: decimation times 9 > > Ai 1 > > Text > > Create a power 1 rule called "temporary inflation reduction" with the > text > > "At the end of the month this rule was adopted, each entity's coin > balance > > is divided by 10, rounded to the nearest whole number. This rule then > > automatically repeals itself." > > > > This neglects the buoyancy variables. They'll still be at their normal > values until the start of the next month. If this passes, this will be > the equivalent of 220 current coins per boatload. That will destabilize > everything. > > Furthermore, if there are any auctions going on when this passes, we > will all have bid far over what we intended. There isn't really an easy > way to counteract that if there are no special cases, other than to all > agree to bid using new values and potentially screw someone over who > isn't in on the plan. I'd prefer to give auction bids a special case if > we want to pass this. > > Also, I remember back when we were hashing out this system, we mentioned > including special cases for specific contracts whose values are > contingent on exact values in coins. Perhaps we should also discuss that > before this goes up for vote. > > -- > Trigon > > ¸¸.•*¨*• Play AGORA QUEST > > I’m always happy to become a party to contracts. > I LOVE SPAGHETTI > transfer Jason one coin > nch was here > I hereby > don't... trust... the dragon... > don't... trust... the dragon... > Do not Construe Jason's message with subject TRIGON as extending this >
