Yes, this sums it up pretty much, including the micro management.

RIPE is overall in an excellent financial position (it rarely was better) and i see a lot of this ideas ignore the sole costs of moving staff needed, hardware (eg. import tax) and accounting to another jurisdiction which eats away the profit from it for years.

If RIPE accepts payment in RUR (or GBP, or USD) it has to be exchanged to Euro immediately, so you pay the interbank rate anyway. In practice, the same you pay now.

This exchange is either open market based on horrible rates (for eg. RUR) or government only and thus a fixed rate nobody can adjust to reality (eg. a lot of Arab country currencies).

RIPE will not, and is not supposed to, hold foreign bank accounts and store money until better FX rates (that might never happen) or invest local for profit.

Your complain is also not really RIPE related at all - Russia's currency is still based on *dollar* and *oil*, any loss is attributable to your economy and government, we should not subsidise your problems in any way (and neither should we finance anyone else this way).

In RIPE countries the most used currency overall is simply Euro, so alone this justifies the sole usage IMO.

William Weber

On Fri, Apr 13, 2018 at 10:50, Daniel Suchy <danny@danysek.cz> wrote:

This depends on currency exchange rate, which is variable and RIPE has
no control over it. Other services (IXP, for example) also doesn't
accept payment fixed in local currency from member origin country.

Even in case of accepting payments in local currency, the
membership/anual fees *must* be equal for each member regardless of
member's regional currency (= respecting currency exchange rates).

And it's much easier (and with less administrative overhead on RIPE
side) to have membership fees in *single* currency, as exchange rate is
- by design - variable.

It was already mentioned - some members are trying to "micromanage" RIPE
NCC. That's wrong idea in general.

With regards,
Daniel

On 04/13/2018 09:45 AM, Aleksey Bulgakov wrote:
I completely agree. The Membership in Russia was 150k rubles in 2014
and 255k rubles is now. The annual fees were 60k rub in 2014 and 100k
rub now.

пт, 13 Апр 2018 г., 10:21 Alexandr Gurbo <a.gurbo@severen.ru
<mailto:a.gurbo@severen.ru>>:
It is better to pay in our region in Russian rubles, in Europe in
Euro, in England in pounds. All RIPE community should think about
change not only about membership service fees, but and about
currency per region.

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