Ftb:Currency Debate

The Currency Debate was brought up by Afromana and Stonecycle after a discussion on the thaumaturge's guild shop prices. The debate took place in Newpoint Mansion and outlined the different possibilities of currency, and if it were to come back, the remaking of the economic guild. The main issue was the use of transforming mob-farmable materials into iron, gold, diamonds and other things.

The debate ultimately went nowhere, and was decided that the server would remain using a bartering system.

Pre-debate
Since the very start of Profan's Humble Abode, multiple attempts to create a working currency have been attempted through plugins and use of in-game currency among various other attempts. With the addition of a new Feed The Beast server, the use of trading was more needed then ever thanks to Gregtech's recipes.

The Thaumturge guild were the only people doing much thaumcraft at the time, their store at Edo wanted to go beyond bartering and have proper prices for products setup, up until that point most items were bought with diamonds. Afromana and Stonecycle got into discussion to have currency - Gawsh, overhearing, suggested that they have a debate with the economic guild, and the meeting was set up.

Debate and suggestions
The debate took place at Newpoint Mansion, which at the time, was still under construction. Roughly 5 people showed up for the meeting. The discussion began with a single question What should we use for currency?

Stonecycle's Stance
Stonecycle wished to use rubies as currency - as they weren't transformable. Afromana said that rubies couldn't be used as they weren't usable to people who didn't use Industrialcraft, although, stonecycle presisted throughout the debate that rubies would be the best solution. He later suggested to use Computercraft with a built in program. Gawsh stated that it could be hacked, making it invalid towards an acceptable or widely used form of currency.

Gawsh's Stance
Gawsh said that the only way to have currency would be digitally. Since it would be considered "paper money." He originally agreed with Afromana to use industrial credits, however Stonecycle pointed out people could transform enderpearls into gold, which in turn, could turn into industrial credits, meaning industrial credits would have little to no value.

The 'paper money' theory was shot down as a website would be needed to setup - but no such software at the time existed. Gawsh said "If that can't be done, then currency is impossible."

Afromana's Stance
Afromana, earlier crafting many industrial credits, suggested to use them as currency. However he later agreed with stonecycle to use computercraft. They then began to work on a computercraft system.

Conclusion
By the end of the debate, Afromana and Stonecycle decided to work on a computercraft currency. However with lack of support from other players and some pressuring they stopped, and everyone agreed to return to a bartering system and not use any form of currency.

Bartering Standard
Gawsh decided it would be best just to create a bartering standard, with non-transmutable metals at the top, and the most transmutable metals at the bottom for worth. This system, called Bartering Standard, is only used when an argument over a metals worth appears.