​Hmm, does this mean you can arbitrarily destroy indestructible assets by
attempting to transfer them to nobody in particular?

~Corona

On Sat, Apr 28, 2018 at 12:20 AM, Kerim Aydin <ke...@u.washington.edu>
wrote:

>
>
> Ok I looked up competent authority and see how it works in this
> context.  Back to the original point:
>
> The rule here implies that if you attempt to decrease your own
> balance without specifying a destination, the currency is question is
> destroyed. (you are a competent authority for your own holdings).
>
> So if another rule says "you can do X by paying [without
> destination]", then since paying for it is an attempt to decrease
> your balance, that's a pretty strong implication that you do it
> by destroying it.  And if you pay someone else, you're not doing
> what the rule says you need to do.
>
> On Fri, 27 Apr 2018, Kerim Aydin wrote:
> > Actually this is may be huge hole.  And I have no idea what "competent
> > authority" means.  I'm an officer - that's pretty authoritative.  And
> > my reports are fairly timely and accurate - that's fairly competent.
> >
> > So.  An attempt.
> >
> > I decrease Corona's coin balance by 1.
> >
> > On Fri, 27 Apr 2018, Kerim Aydin wrote:
> > > From Rule 2166/26:
> > >       If a rule, proposal, or other
> > >       competent authority attempts to increase or decrease the balance
> > >       of an entity without specifying a source or destination, then the
> > >       currency is created or destroyed as needed.
> > >
> > > "paying" without a destination attempts to reduce the payer's balance,
> so
> > > it destroys the currency?
> > >
> > >
> > >
> > >
> >
> >
>
>

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