Re: List of currency URIs or strings?

IT needs standards.  I have 2 to propose (Data access and monetary
transactions).

We also need a regulatory arm.  I suggest this in all 50 states:
https://docs.google.com/document/d/1bUbZN8ByaxKbIwKeYuvs7ISDjOwtuGoNnYuXQhsQHLM/edit



On Tue, May 29, 2018 at 11:28 PM, Melvin Carvalho <melvincarvalho@gmail.com>
wrote:

>
>
> On 29 May 2018 at 17:05, David Nicol <davidnicol@gmail.com> wrote:
>
>>
>> it seems to me that the necessary elements for clearly declaring what
>> currency a transaction is in, outside of the general presumption of healthy
>> and vibrant infrastucture that we rely on when just talking about
>> well-known currencies by their ISO codes -- you know, "what is the exchange
>> rate between AUD and NZD" is perfectly clear and implies a lot of
>> transparent fungibility -- include (1) what ultimate ledger are the book
>> entries going into, in this case "the bitcoin testnet"
>>
>
> its a demo system, I might set up a card game or something
>
>
>> (2) what does that ledger call this fungible, if anything -- when there's
>> a single-currency ledger, that's implied, so saying "BTC" might be
>> redundant but can't hurt, and insisting on this element will cause
>> poorly-formed messages to error instead of doing the wrong thing and
>>
>
>
>> (3) how to shift the decimal point, in this case we want to work in
>> millis.
>>
>
> I just dont have many tBTC so wanted to use a smaller unit
>
>
>>
>> " a currency mBTC (1000th of a bitcoin), but applied against the bitcoin
>> testnet" fully describes what you want to work with; what I'm saying is it
>> is possible to abstract out the three parts of that. It's also possible
>> that the third part doesn't belong and will cause confusion, and should be
>> take care of by the client software, with all general currency description
>> strings being simply the first two parts, (1) ultimate ledger and (2) what
>> is this fungible called there. Since by definition 1000 mBTC = 1 BTC, and
>> no intermediaries are required, that one wants to work in millis seems like
>> its more a detail of how amounts are stated rather than something about the
>> fungible that one would be declaring an amount of.
>>
>
> I could write it as human text but that's harder to program against.  I'd
> like my system to be currency flexible.  To write a string parser seems
> dangerous.
>
>
>>
>> I hope this is helpful
>>
>
> Very much so, as usual.  Thanks!  :)
>
>
>>
>>
>> On Tue, May 29, 2018 at 9:24 AM, Melvin Carvalho <
>> melvincarvalho@gmail.com> wrote:
>>
>>> Hi All
>>>
>>> Is there a list of currency URIs or strings that can be used with JSON-LD
>>>
>>> Quite a tricky first user case :
>>>
>>> I'd like to use a currency mBTC (1000th of a bitcoin), but applied
>>> against the bitcoin testnet.
>>>
>>
>>
>>
>> --
>> “no man should be compelled to do what the laws do not require; nor to
>> refrain from acts which the laws permit.” Calder v. Bull (U.S. 1798)
>>
>
>

Received on Wednesday, 30 May 2018 04:48:25 UTC