The Crisis with Remailers
Perry E. Metzger
perry at piermont.com
Wed May 22 15:06:56 PDT 1996
Matts Kallioniemi writes:
> At 17:44 1996-05-21 +0200, bryce at 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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