stewart wrote:
Not that we don't get into complex discussions here or anything, but now the question of what goods/services/specie/barter currency would be charged for wormhole/warp bridge passage. The Solaran Credit, previously the reliable currency, has taken a value hit. The NSL "might" not like paying in Grayson Austins or Mantie Dollars. There will be further "animated discussions" on the tendered currency or credits
-- Stewart
Typically, the owner or owner/operator of something gets to set what currency fees are charged in. How that decision is made depends on a lot of things.
What you charge is one thing, what the currency is you accept for the charge is another. At the moment, much international purchasing on Earth is made in the currency of the country (or group of contries like the EU) and if your own funds are held in some other currency (with your bank(s), then there are two optons. One is that you either hold or you purchase the needed amount in an account in that currency. The other is that your account is debited for the amount of required to match the purchase price in the local currency at the purchase conversion rate in effect that day (may be "close of business" or some other arrangement).
With interstellar travel putting buyers and sellers back in the situation of merchants in the age of caravans or sail powerd ocean travel, the variation between what the present exchange rate is at Manticore (outbound through the Junction) vs inbound to the Junction (though any particular terminus) will have an effect of there being "float" on the fluctiations of value of any particular currency relative to Manticorian Dollars.
It's going to be a while before Solarian Credits regain whatever the old "normal" status and valuation was prior to the problems starting with Adm. Byng and ending with the surrender of the SLN and rebuilding the SL Constitution.
Merchants/shipping companies/banks etc deal with this all the time. They often handle the conversion for their clients. They can make good money doing it (uncharge either way on the conversion rate -buying vs selling rates- and often take some small fee as well) and they get to hold account balances (in various currencies) for clients.
Manticore is probably going to charge fees in Manticorian Dollars and may or may not accept other currencies. On the other hand, they publish their rates and everybody who uses the Junction gets the fee schedules so if you are shipping XX tons of BBB through the junction by using the Sigma Draconis terminus by Beowulf and then a 2nd leg out through Gregor...well, the shipping company plugs the weights/cargo type etc for the two legs with it's rate, the prorated amount for the cargo against all other (non weight/volume) fees using the junction, adds the ship's/shipping company fee for loading and carrying said cargo....and POOF, you get a number- which you pay. It will be in whatever the shipping company quotes you.
If you haven't seen this in operation, cross any one of a lot of national (or things like the EU) boarders and use your credit card which -theoreticaly- is operating with the normal currency of your home country. Say you are from the US, yuy lunch in Canada on a day trip to Montreal and you get charged at the day rate for exchange of USD to CanD. The restaurant gets it's money in CanD. Or go from the Republic of Ireland to Northern Ireland... Same thing.
We have seen the credit chips from Bank of New Madrid used-----that is ONE way of buffering exchange rate fluctuations in currency. Theorectialy Bank of New Madrid is providing a negotiable voucher in X currency which can be used anywhere - for that amount of X currency. If you want to lock in--and that is usually a smart thing to do in commerical shipping and international trade--you buy the ammout of the currency you need (in electronic transactions though your bank/broker and "send" that amount in the required currance to where it is needed.
The Author doesn't get into much of the exchange rates at any one time in the series just that the New Madrid chips are used as a secure way of doing it.
We won't get into the question of Manticorian Dollars va Grayson Austons vs SL Credits just like I am not going to discuss the Chinese Yuan vs the USD. As I write this, the present rate is 1 Chinces Yuan - .15 UDS (15¢ US).
The short version is anyone who wants to use a wormhole will pay what the charges are and if they have to convert currency (or barter some thing) then they will have to deal with the rates in effect where and when they do the conversion.