> That's why I'm proposing measuring our bet in 2003 US $'s, >and then making whatever exchange adjustments we need to >twenty years from now to settle up. Basically, the US$ is >a unit of measure - the bet can be settled by any other >currency of equivalent value.
Erik responded:
Any currency could be devalued greatly in 20 years for various reasons. Why not bet something other than currency? Like an ounce of gold, say? Or if you want something worth $100 today, I guess it would be more like a quarter ounce of gold.
How about "a quarter ounce of gold or cash equivalent in the currency of choice of the winner(s)." Of course, if the gold market is radically unstable in 2023...
Reggie Bautista
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