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1996-05-22 - Re: The Crisis with Remailers

Header Data

From: “Perry E. Metzger” <perry@piermont.com>
To: Matts Kallioniemi <matts@pi.se>
Message Hash: 6dfc19cade4dd88c8b5cfb35cbee3b9fa418f16fdaa1196f673fbe8cd69ea199
Message ID: <199605221614.MAA23436@jekyll.piermont.com>
Reply To: <2.2.32.19960521175237.0036cc44@mail.pi.se>
UTC Datetime: 1996-05-22 22:06:56 UTC
Raw Date: Thu, 23 May 1996 06:06:56 +0800

Raw message

From: "Perry E. Metzger" <perry@piermont.com>
Date: Thu, 23 May 1996 06:06:56 +0800
To: Matts Kallioniemi <matts@pi.se>
Subject: Re: The Crisis with Remailers
In-Reply-To: <2.2.32.19960521175237.0036cc44@mail.pi.se>
Message-ID: <199605221614.MAA23436@jekyll.piermont.com>
MIME-Version: 1.0
Content-Type: text/plain



Matts Kallioniemi writes:
> At 17:44 1996-05-21 +0200, bryce@digicash.com wrote:
> >Matts, you don't want to do floating point for money, because
> >floating point doesn't give you good control of precision.
> 
> Yes I do. Several major currency traders in Sweden keep all
> their money in 64 bit floating point storage.

I have trouble believing you. None of the forex accounting I know of
in the U.S. is done in floating point. It simply isn't accurate
enough.

It is true enough that *rates* can be stored as floats if you want,
but never actual sums.

Perry

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