Re: Deprecation Warnings for currencies used in transaction?

RE: "I just would like to make possible for *each and every individual* to
clearly state *one's own personal intention*"

Ah. Okay, now I understand. So where WebPayments would enable vendors to
select one or more media of exchange they are willing to accept in payment,
and amongst those, WebPayments enables purchasers to choose which media of
exchange they wish to make payment in, you are suggesting that both vendors
and purchases ought to have a simple way to signal that they will not (or
prefer not to) be using that medium of exchange in the future.

If the relevance of any fiat medium of exchange is a combination of "got
some to give" (purchaser perspective) and "de facto brand loyalty" (vendor
perspective), then the information function you're suggesting to include is
for each to be able to provide advance notification of changes to these
statuses.

Hosting within WebPayments such a system for "votes of confidence" in the
various media of exchange would introduce may political charged issues into
the deployment, and anyways, how reliable would the declarations be? This
still seems to be something that could be experimented with in a particular
implementation, say with a "Currency Market Sentiment Plugin" or something.
It does not seem to enable direct transaction use cases.

Joseph Potvin





On Fri, Jan 3, 2014 at 6:22 AM, ☮ elf Pavlik ☮ <
perpetual-tripper@wwelves.org> wrote:

> On 01/03/2014 02:15 AM, David Nicol wrote:
>
>>
>>
>>
>> On Thu, Jan 2, 2014 at 1:19 PM, ☮ elf Pavlik ☮
>> <perpetual-tripper@wwelves.org <mailto:perpetual-tripper@wwelves.org>>
>> wrote:
>>
>>     On 01/02/2014 08:04 PM, Joseph Potvin wrote:
>>
>>         Elf, Request for disambiguation: Are you referring to currency
>>         "depreciation" (relative valuation change) or currency
>> "deprication"
>>         (phasing out)?
>>
>>     LOL ;-)
>>
>>     I meant https://en.wikipedia.org/wiki/__Deprecation
>>     <https://en.wikipedia.org/wiki/Deprecation> (and added this link as
>>     ref [1] in my original email)
>>     "From Wikipedia, the free encyclopedia
>>     Not to be confused with Depreciation.
>>
>>     Deprecation is a status applied to a computer software feature,
>>     characteristic, or practice indicating it should be avoided,
>>     typically because it is being superseded. The term is also sometimes
>>     used for a feature, design, or practice that is permitted but no
>>     longer recommended in other areas, such as hardware design or
>>     compliance to building codes."
>>
>>
>> you mean something like "You are using the Canadian Dollar. The central
>> BitCoin Committee has declared a phase-out date for Canadian Dollars of
>> April first, 2017. Please make appropriate plans."
>>
> I DEFINITELY don't mean any *central comities*. Once again I just would
> like to make possible for *each and every individual* to clearly state
> *one's own personal intention*!
>
> Lets use example of hypothetical person name Alice who could state in
> human terms and also make it to our best capacity `machine readable`: "I
> transfer to you `50USD` while planing `to stop using USD within next 6
> months`, that means that after mentioned period of time you will have less
> possibilities to exchange USD for physical world assets (products and
> services). Please feel warned!"
>
> So *bottom up* approach NOT *top bottom*! I would like that spec and Web
> Payments group do NOT state particular opinion about any given currency
> just make it possible for people to express their eventual *intention of
> deprecating it* as well as any other notices/warnings if someone else here
> would like to suggest other examples.
>
> I use example of hypothetical person name Alice rather then myself since I
> already have quit using monetary currencies over 4 years ago. Still I also
> want to *require* such deprecation warnings issued if someone wants to use
> money to acquire any asset from 3rd party using monetary currencies (at
> least from ISO 4217 listing) with intention of making this asset available
> to me or some of various projects I work on. Especially those projects with
> clear aim of supporting development of various alternative currencies and
> making contribution to sooner obsolescence of ones listed in ISO 4217.
>
>
>
>>
>> --
>>
>> The one L lama, he's a priest
>> The two L llama, he's a beast
>> And I will bet my silk pyjama
>> There isn't any three L lllama. -- Ogden Nash
>>
>>
>


-- 
Joseph Potvin
Operations Manager | Gestionnaire des opérations
The Opman Company | La compagnie Opman
http://www.projectmanagementhotel.com/projects/opman-portfolio
jpotvin@opman.ca
Mobile: 819-593-5983
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