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Old 03-17-2008, 15:10   #23
Dion Red Strike
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Dion Red Strike
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....

I'm gonna hafta disagree with you here Usurper.... And you know I like you

A few scenarios.. for those ecenomically challnged...


We change to Euro=ped....

How does MA compensate for the change? Do they say well, the current exchange rate is 10usd = 6.4 EUR (as of this post), so, 6.4 EUR = 100 ped... This would be possible, but it's very arbitrary to say 67.4 EUR = 100 ped... because tomorrow, we could say 5 EUR = 100 ped, or 8 EUR = 100 ped... this would cause the PED to become a variable exchange, which is not MA's plan... and not mine either... I didn't 'save' my money in EU so they could devalue it, I saved it so I can save it. I'm an american, I know 100 USD = 100 USD.... and 1000 ped = 100 USD. If you change it to EUR, randomly mind you, I don't know if my 1000 ped = 100USD or 5 USD... Currently, I'm positive I know what is what....

OR

We'll say 10 EUR = 100 ped, so, everyone's ped balance now hasta change, because, basically you just screwed Mindarks' financial statement... If I have $10 USD in game now (100 ped) and you change it to 10 euroes, you've just valued the EUR to USD as 1=1, which is obviously not true. The true exchange is 1USD = .64 EUR. So, to accurately 'fix' the statement, you would have to change everyones items and ped card to 64% of the current tt value.... I don't think this would work... people would be pissed...

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now lets say they did either scenario....

...and the dollar drops more.... woot, MA just made money (huh?)... did they really? Probably not, cuz all the US players (aka big stupid depositors, like me) stopped plaing because they had no clue if their money was safe any longer... not to mention, how much is all my stuff really worth..can I withdraw... how much will I withdraw??..

OR

...The dollar goes back up (which it will)... woot, I just made a lot of money.. yay, my 1000 ped is now worth 150 USD... I wonder which scenario from above MA chose....

I could go on and on about how radically BAD changing the exchange rate would be..... but I would start to get sillier than I already am...

suffice it to say, bad bad bad idea, was a bad idea a few weeks ago, still a bad idea now...
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