On Wed, 2008-10-22 at 15:57 -0600, Ian Kelly wrote:
> On Wed, Oct 22, 2008 at 3:51 PM, Elliott Hird
> <[EMAIL PROTECTED]> wrote:
> >
> > On 22 Oct 2008, at 22:46, Ian Kelly wrote:
> >
> >> but for some reason the PBA doesn't seem to have much of actual value.
> >
> >
> > That's because PBA's designed not to stockpile things which are very
> > valuable, like 2
> > crops.
> 
> Then what's the use?  If it will never have the things that I want,
> what good are coins?
> 
It has them sometimes, just doesn't stockpile. I'd like to point out
that the RBoA never attracts currencies whose exchange rates are set too
low, whereas with the PBA they end up deposited eventually. No bank can
ensure having valuable assets all the time.

-- 
ais523

Reply via email to