Re: Payments as a CSV

On 22 September 2012 08:30, Michiel de Jong <michiel@unhosted.org> wrote:

> On Fri, Sep 21, 2012 at 9:36 PM, David Nicol <davidnicol@gmail.com> wrote:
> > creation of the UIFA as a transferrable item good
> > for a best-efforts repayment by Alice
>
> the premise of OpenTabs is to not ever transfer a debt to third
> person, but yeah, i'm aware that most other alternative money systems
> i've heard of do do that, so the formats we propose in this CG should
> probably support it.
>
> is it good enough to say that the currency on debts (i.e., both on
> credit transactions and on credit balances between parties) can be a
> URI?
>
> I still think opentabs is a killer concept.

It means anyone can issue and allocate capital, up to the amount that they
are trusted.

This is a whole new dynamic for human beings, and changes everything

We just need to combine it with a web of trust and it's ready to go viral
imho