That is very nice. Makes me jealous that I hadn't come up with it. What is quite nice with it is that you can have a relatively high conversion rate without upsetting things too much: political systems are far more fluid than cultural ones when it comes to change.
It certainly is a more simple system than what I've been working on indoors, yet I hope that you will approve of what we eventually bring out with EBII. More on that later.
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