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#
#  Kens's Beer Vouchers
#
#  Issued by Ken Griffith
#
[entity]
entity_shortname=Ken
entity_longname=Ken Griffith
entity_email=ken@dinero.sc

[issue]
issue_name=pints of Draught Beer
issue_type=currency

[currency]
currency_symbol=pt
currency_tla=Beer

[unit]
unit_power=0
unit_major = pt
unit_major_unit = pint
unit_major_units = pints

[conditions]
conditions_backing= *
{
  Ken's Draught Beer Vouchers are payable to bearer pint 
  for pint in fine beer, on demand, subject to the 
  conditions specified in this currency contract.

  Ken Griffith will maintain at all times a primary reserve 
  of KSH cash in an amount sufficient to purchase (from a 
  Kenya pub of his choosing) pints equivalent to 100% Beer 
  Vouchers in circulation.
}
conditions_audit= *
{
  Ken's Beer Vouchers are primarily backed by Ken's
  reputation as a connossieur of fine ale.

  No primary reserve is established for this currency.
}
conditions_purchase= *
{
  In order to obtain Ken's Beer Vouchers, you must
  persuade Ken to part with same, by any means fair
  or foul. Common means are in exchange for favours
  done to Ken or in exchange for national currency.
}
conditions_redemption = *
{
  In order to redeem Ken's Beer Vouchers, you must
  negotiate a suitable time and place, and then ask
  nicely.
}
conditions_rate = *
{
  Issuance and redemption will be performed at no charge.
}
conditions_buyback = *
{
  The Issuer reserves the right to buy back all outstanding
  currency, thereby terminating the use of this instrument.
}
conditions_liability = *
{
  Ken Griffith is solely liable to perform according to
  the conditions specified in this contract.
}
conditions_mint = *
{
  Float - the total quantity of Ken's Beer Vouchers
  outstanding - is created by a Mint account,
  specially set by the Operator.  Authorization to the 
  Operator is hereby included to specially set one Mint account 
  for creation of Ken's Beer Vouchers.

  Disbursements from the Mint account are to be made on receipt 
  of duly signed and public authorization from Ken Griffith.  
  All disbursements from the Mint account are to be made to the 
  single Currency Comptroller account identified by the 
  authorization.

  From time to time, the Currency Comptroller may direct the
  Currency Manager to return Ken's Beer Vouchers to the Mint
  for the express purpose of reducing the float. Ken's Beer 
  Vouchers so delivered are to be deposited into the Mint 
  account, thus reducing the float by that amount.
}
conditions_privacy = *
{
  The purchase, redemption and trading of Ken's Beer Vouchers 
  normally are done on the basis of strong privacy.
}

[operator]
operator_company = Iang DBA Systemics
;
;  Systemics is the initial contracted Operator appointed by
;  the Issuer, being owned/managed by Iang.
;  The role of Operator may be transferred to an entity
;  that specializes in operating at Systemics' discretion.
;
operator_email = operator@systemics.com
operator_sox_server_name = offa
operator_server_file_url += systemics.com/ricardo/server/offa
operator_server_file_url += webfunds.org/ricardo/server/offa
operator_server_file_url += iang.org/ricardo/server/offa


[keys]

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