[uf-discuss] First version of Currency proposal

[Guillaume Lebleu]

Scott Reynen wrote:
> What I'm suggesting is that everything be treated as dollars in USD 
> and everything be treated as Yen in JPY.  Isn't that how most 
> applications and people deal with money anyway?
>
I think this will indeed work in most cases.

There are some examples on the Web that make use of cents, and my design 
philosophy with this proposal was to make simple things simple to 
microformat, and complex things possible to microformat, without 
requiring publishers to change some of their practices:
- http://www.99only.com/
- http://www.smh.com.au/articles/2004/07/01/1088488063161.html?from=storylhs

But we certainly could, if this is the consensus of this community, to 
enforce that all microformatted money amounts be expressed in the 
default unit of each currency.

What I have seen in other standardization processes, is the 
documentation of the different options explored with benefits/drawbacks 
for each, to allow easy side-by-side comparison by the community. I 
think this will be my next step.

Guillaume