I don't think this would work. After all, then what's the point of
having any amount of Np? If everything just costs a percentage of your
money, then it doesn't matter how much you have, because you can still
afford everything!

avpx

On Wed, Jun 11, 2008 at 9:59 AM, Ed Murphy <[EMAIL PROTECTED]> wrote:
> avpx wrote:
>
>> My idea is an official currency, the Napier, abbreviated Np, which is
>> the base-10 log of its worth. 2 Np is worth 10x as much as 1 Np which
>> is worth 10x as much as 0 Np. One can transfer, for example, 1 Np to a
>> person who has 2 Np, and, assuming no tax, the recipient will have
>> 2.041 Np, which is log(10^2+10^1). Taxes are easy in this system, as
>> one just adds log(1-N) to the amount being sent to get the amount
>> received, where N is the tax rate.
>>
>> An office could be set up, the Treasuror, or an existing office (maybe
>> that one already exists?) could manage the amount of Np people have.
>> If person A transfers 2 Np to person B, then person B only receives
>> 2+log(1-N) Np, and the remaining 2+log(N) Np would go into the
>> Treasury, which is managed by the Treasuror. This could be used to pay
>> salaries for people who hold offices and complete their reports on
>> time, among many other things.
>>
>> IMO, a good, though slightly confusing currency is just what Agora
>> needs. Tell me what you all think, and how this would fit in with
>> current Agoran rules and offices.
>
> Ugh, I just had a flashback to
>  http://en.wikipedia.org/wiki/User:AntiochCollege
>
> What about having holdings and transfers work normally, but charging
> along the lines of "you can buy 1 widget for 90% of your Np"?  But the
> real problem is that, however you express it, this seems to penalize
> log-rolling.
>
>

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