Whitcomb joshua wrote:in both cases i understand your point, but you are unfortunately wrong
in monetary economics there is a distinction between money and a letter of credit. Even in your examples, people have debts and they have no money. You still need real coins to make the economic system working, you can't work on debts because it becomes only a system of barter.
even with the rotschilds, they maybe sent letters of credits but they always received their sums back in gold and/or valuable resources ! they never received back a piece of paper with written the amount they made their fortune with real values, not with letter of credits. so they maybe sent letters of credit to the english army in portugal with written "you have now X dollars on your bank account" but when the british army spent this money they maybe gave the piece of paper with written X, then the supplier still had to go to Austria or the closest rotschilds bank to receive phisically his sum of real money.
But here when we play, we have sums of real money teleported from port to port and i think it is sad.
About pirates being hung, yes and no. Here we play more the role of the privateer, we plunder other ships in the name of our nation. So we could be hung by our enemies in case of defeat. Yeah we could introduce it, not the hung of the account's owner but the death of the captain and all the crew could be a possibility.
I suggest you make your own game your suggestions would completely overhaul things and this game has been in operation too long for a compete redo of mechanics