I'm thinking that a set amount of biomass is worth one Solar Credit. (How much biomass? Don't know. How much money do we want in circulation?)
That would make the Bank of Sol the guarantor of the exchange rate, exchanging biomass and 'daneside financial instruments as necessary. Which means that the Bank has a physical location, if only as someplace to put the biomass it keeps in reserve...
Once we hammer this out, I'll add it to the wiki entry.
--
Rob Kelk
"Governments have no right to question the loyalty of those who oppose
them. Adversaries remain citizens of the same state, common subjects of
the same sovereign, servants of the same law."
- Michael Ignatieff, addressing Stanford University in 2012
That would make the Bank of Sol the guarantor of the exchange rate, exchanging biomass and 'daneside financial instruments as necessary. Which means that the Bank has a physical location, if only as someplace to put the biomass it keeps in reserve...
Once we hammer this out, I'll add it to the wiki entry.
--
Rob Kelk
"Governments have no right to question the loyalty of those who oppose
them. Adversaries remain citizens of the same state, common subjects of
the same sovereign, servants of the same law."
- Michael Ignatieff, addressing Stanford University in 2012