From: | Karl Low <kwil@*********.COM> |
---|---|
Subject: | Re: Script and Credsticks (Was: Re: Credsticks [was Re: SINless |
Date: | Wed, 4 Mar 1998 12:21:54 -0700 |
>How about script? One of my GM's has this annoying habbit of using script
>far more than I think the SR world uses them. I mean they are as common as
>cash now. Credsticks for him seem just to be suped-up credit/debit cards.
>
>This there's on GM that has his credstick as cred-cards. No credstick to
>credstick transfers here, you've got to go through a read reader for any
>transfer.
>
>What is your (or FASA's or the common) mixture of Script, Registered Cred,
>and Credsticks? Plus, how do you work registered cred? Like a registered
>check (all or nothing...) or a bag 'o money?
>
Personally, I love scrip and don't think as many GM's make use of it as they
should.
A Personal credstick is right out for the SINless, I think everybody pretty
much agrees on this (after all, without a SIN how do you register your credit
rating?) and as far as I'm concerned, needs a reader for every transaction. I
view personal credsticks as not even having an amount attached to them, just
your account address.
Certified Credsticks are a little dicier.. sure you can just hand it over to
someone and boom, they're paid. But to do any transactions with it, say you
only want to give half to some shmuck, it needs to go through a reader
somewhere and get transferred to the shmuck's account. Of course, if you don't
have a SIN or the shmuck doesn't have one, then the transaction can't go
through because the banks need to have your account to transfer the money from
the account of the person who bought the credstick to you and then the right
amount from you to the shmuck. So at that point it's an all or nothing
situation.
Scrip is for the lowest of the low. It's a lot easier to counterfeit and hence
isn't trusted by the bigger merchants.. but for people who deal with the
SINless, they probably do take it.. albeit at a significant price-hike to
cover their risk. And some of the shadier merchants probably wouldn't take
anything but scrip. What good is a certified credstick to someone who doesn't
know anybody who has a SIN or will take it? The little chinese grocer down the
street doesn't bother taking credsticks because he doesn't have a SIN and it's
too much trouble to get the right amount of certified credsticks together to
pay his suppliers with.
What does this mean? Somewhere along the line someone with a SIN takes in the
scrip to the bank and adds it to his credit rating.. again with an extra
charge for the associated risk.
What I still haven't quite figured out though is where does the scrip come
from? Who makes it? The banks? Or the guv'mint? Neither one of those
organizations really has any desire to provide the SINless with a way to
live.. they'd much rather get them a SIN.
Karl