On 2022-06-18 22 h 47, Scott Kitterman wrote: > > > On June 19, 2022 2:40:01 AM UTC, "Louis-Philippe Véronneau" > <[email protected]> wrote: >> Someone pointed out "assets" is very broad, and that would include >> things like hardware donations (something I don't think would be wise). >> >> I would hereby like to amend my proposal by replacing "assets" by >> "financial assets": >> >> ==== Text of GR ==== >> >> Donations to the Debian project of *financial* assets other than the >> TO's currency of choice should be liquidated as soon as possible. >> >> ==== End Text of GR ==== > > I'd suggest you also provide a definition. Do you intend to prevent a TO > from accepting donated frequent flyer miles and keeping them long enough to > provide an airplane ticket to someone who can't otherwise afford to go to > Debconf? I'd say that the current text would require them to be converted to > cash and I don't think that would be the best thing.
The definition of "financial asset" on Wikipedia is: "A non-physical asset whose value is derived from a contractual claim, such as bank deposits, bonds, and participations in companies' share capital." I think this definition is pretty standard and I don't really see the need to include it in the GR. It's not clear to me frequent flyer miles, at least in the USA, are seen as financial assets [1], as they apparently don't need to be reported to the IRS? I'm not an accountant though, and I'm not sure I want to have a debate on this :) As for donation of said miles (which, TIL, is a thing, but only to charities selected by the organisation that issues them), I think this is an edge case and I doubt very much it'll ever happen. If someone someday convinces American Airlines they should add SPI to their list of charities, I guess it would only be reasonable that SPI spends them on a plane ticket, as I don't think you can sell frequent flyer miles. Cheers, [1]: https://www.journalofaccountancy.com/issues/2012/aug/20125796.html -- ⢀⣴⠾⠻⢶⣦⠀ ⣾⠁⢠⠒⠀⣿⡁ Louis-Philippe Véronneau ⢿⡄⠘⠷⠚⠋ [email protected] / veronneau.org ⠈⠳⣄
