The typical bitcoin markets really mess up the idea of using a "unit of account" because they make the purported exchange rates be kind of mythical. That vis, you might look up on MtGox the exchange rate of bitcoins as, say $100 per bitcoin, but the way that market operates you cannot really very well conclude from that that the price of a thousand one-hundred-million-dollar mansions would be one billion bitcoins.
But, that is exactly the kind of thing you have to be able to do with a "unit of account".
So basically what happens in practice is someone ships close to five million units of Deuterium to a General Mining Corp depot, the amount of GMC currency their shipment is worth is looked up on the tables for that moment in time at
http://galaxies.mygamesonline.org/digitalisassets.html and then if their debt is not a debt to GMC and denominated in GMC those same tables are used to convert the GMC they earned for the shipment into whatever currency their debt is denominated, and GMC settles up, usually in some national currency or in GMC currency or even in GRF currency, with the creditor on behalf of the miner.
This would get royally mucked up though if for example GFC did suddenly start demanding actual DeVCoins instead of the equivalent value in any generally acceptable currency... But, that would kind of be a step backwards from being an actual currency useable as a unit of account, and being just some weird limited-edition commodity...
-MarkM-
is that because you liked it and thought it useful?
