From: "John D. Giorgis" <[EMAIL PROTECTED]>
Reply-To: Killer Bs Discussion <[EMAIL PROTECTED]>
To: Killer Bs Discussion <[EMAIL PROTECTED]>
Subject: Details of The Bet Re: Br!n: Re: Peter Arnett has negative effect on ratings
Date: Wed, 02 Apr 2003 21:56:40 -0500
At 12:54 AM 4/3/2003 +0100 Andrew Crystall wrote: >On 2 Apr 2003 at 17:40, Adam C. Lipscomb wrote: > >> Gautam wrote: >> > --- Andrew Crystall <[EMAIL PROTECTED]> wrote: >> > > I give you less than 20 to crash and burn. In >> > > spectacular fashion. >> > > I'll bet cash. >> > > Andy >> > >> > Taken. How much, and what are the conditions? I >> > never turn down free money. >> >> Same here - I'd be a fool not to help part a sucker from his hard >> earned money. > >Well, think about the bet. I'm NOT about to bet US$ am I...
Well, the US Dollar is the closest thing we have to an international currency. Moreover, there is a significantly greater likelihood that US$'s will be around to make payment in twenty years' time than there is of the British Pound.
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.
So, there you have it: US$100 as valued on 4/1/2003, payable by me to you if another country supercedes the US in power by 4/1/2023, or payable by you to me on 4/1/2023 if it has not happened by that date.
Do you accept the terms?
For some reason, I'm reminded of the antiagathics vs. germanium as currency storyline from Cities in Flight by Blish. Has anyone else read it?
Jon
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