<[EMAIL PROTECTED]> wrote:
> On 21 Oct 2008, at 05:35, Ed Murphy wrote:
>> tl;dr.  Does this boil down to "exchange rates allow me to move assets
>> around with the net effect of spending X to gain X+Y, with the RBoA
>> correspondingly losing Y"?
> It boils down to "ding dong, the RBoA is dead!".

No, rather the former.  The RBoA still has lots of Coins, so chits
have only a slightly depreciated value.

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