Re: DIS: Proto-Pledge: The Note Exchange

2008-04-13 Thread ihope
On 13/04/2008, Ben Caplan <[EMAIL PROTECTED]> wrote: > On Saturday 12 April 2008 9:57 Ian Kelly wrote: > > Doubtful. The rules do not grant a contract the power to make > > arbitrary changes to asset holdings, whether the contract happens to > > be the backing document for that class of assets

Re: DIS: Proto-Pledge: The Note Exchange

2008-04-13 Thread Ben Caplan
On Saturday 12 April 2008 9:57 Ian Kelly wrote: > Doubtful. The rules do not grant a contract the power to make > arbitrary changes to asset holdings, whether the contract happens to > be the backing document for that class of assets or not. I hadn't > noticed the Bank of Agora was claiming to do

Re: DIS: Proto-Pledge: The Note Exchange

2008-04-12 Thread Ian Kelly
On Sat, Apr 12, 2008 at 8:57 PM, Ian Kelly <[EMAIL PROTECTED]> wrote: > Doubtful. The rules do not grant a contract the power to make > arbitrary changes to asset holdings, whether the contract happens to > be the backing document for that class of assets or not. I hadn't > noticed the Bank o

Re: DIS: Proto-Pledge: The Note Exchange

2008-04-12 Thread Charles Reiss
On Sat, Apr 12, 2008 at 10:57 PM, Ian Kelly <[EMAIL PROTECTED]> wrote: > On Sat, Apr 12, 2008 at 4:37 PM, ihope <[EMAIL PROTECTED]> wrote: > > > ? Consider allowing acting on behalf for the purpose of fulfilling > > > marker-holder's obligations? > > > > Good idea. Could this be automatic?

Re: DIS: Proto-Pledge: The Note Exchange

2008-04-12 Thread Ian Kelly
On Sat, Apr 12, 2008 at 4:37 PM, ihope <[EMAIL PROTECTED]> wrote: > > ? Consider allowing acting on behalf for the purpose of fulfilling > > marker-holder's obligations? > > Good idea. Could this be automatic? It is triggered manually, after > all, and so far I seem to be getting away with it

Re: DIS: Proto-Pledge: The Note Exchange

2008-04-12 Thread ihope
On 12/04/2008, Charles Reiss <[EMAIL PROTECTED]> wrote: > You're probably going to need explicit language to allow the other > person to announce the spending on behalf of the spender. Easy fix, I suppose: If a person holds a set of Credits, e may by announcement redeem the Credits, specifying a

Re: DIS: Proto-Pledge: The Note Exchange

2008-04-12 Thread Charles Reiss
On Sat, Apr 12, 2008 at 6:37 PM, ihope <[EMAIL PROTECTED]> wrote: > On 12/04/2008, Charles Reiss <[EMAIL PROTECTED]> wrote: [snip] > > ? Consider allowing acting on behalf for the purpose of fulfilling > > marker-holder's obligations? > > Good idea. Could this be automatic? It is triggered man

Re: DIS: Proto-Pledge: The Note Exchange

2008-04-12 Thread ihope
On 12/04/2008, Charles Reiss <[EMAIL PROTECTED]> wrote: > * You probably should restrict the ownership of these currencies; at > least of Markers. A marker-holder cannot be obliged to redeem unless > the Marker-holder bound by the contract. Indeed, you're right. > * Needs an exit clause; > {

Re: DIS: Proto-Pledge: The Note Exchange

2008-04-12 Thread Charles Reiss
On Sat, Apr 12, 2008 at 5:34 PM, ihope <[EMAIL PROTECTED]> wrote: > {This is a public contract and a pledge by the name of "The Note Exchange". > > For each pitch of Note, the corresponding Credit is a currency, and > the corresponding Marker is a fixed currency. Ivan Hope CXXVII is the > record

DIS: Proto-Pledge: The Note Exchange

2008-04-12 Thread ihope
{This is a public contract and a pledge by the name of "The Note Exchange". For each pitch of Note, the corresponding Credit is a currency, and the corresponding Marker is a fixed currency. Ivan Hope CXXVII is the recordkeepor of Credits and Markers, and generally cannot create them by announcemen