Yes, classic characteristic 0 series make no sense in finite characteristic
because of denominators. Some things can be reasonably defined, but
I am affraid that most characteristic 0 things need to be disallowed
in finite characteristic.
> What do you have in mind by "changes in the series machinery"?
Mainly disallowing things which do not make sense, while making
sure that sensible things still work. In particular, requesting
base ring which has Algebra(Fraction(Integer)). But such condition
can not solve the problem as long as DivisionRing asserts
Algebra(Fraction(Integer)) for finite fields.
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Waldek Hebisch