W3C home > Mailing lists > Public > public-webpayments@w3.org > September 2012

Re: Payments as a CSV

From: David Nicol <davidnicol@gmail.com>
Date: Sun, 23 Sep 2012 21:48:16 -0500
Message-ID: <CAFwScO-RGVD5-UVd51mcnZOObd6uix4FBTG6O8hQS6pj0R-=sg@mail.gmail.com>
To: Melvin Carvalho <melvincarvalho@gmail.com>
Cc: Michiel de Jong <michiel@unhosted.org>, Web Payments <public-webpayments@w3.org>
On Sat, Sep 22, 2012 at 4:33 PM, Melvin Carvalho
<melvincarvalho@gmail.com> wrote:
> > [tipjar marketplace and currencies described briefly]
> David, I think this is an awesome idea.
> If I've understood correctly each individual can issue and distribute
> currency (up to a trust limit).

The issuer doesn't have any limit

> They can back this currency too, either fractionally or fully.

their currency is backed by whatever they back it with, for instance
"one fresh hen's egg, if there are any from my backyard flock, when
you come over, so call first!"

> How are you going to describe the terms of each currency tho?  I suggest
> giving the currency a web page.  I use DBPedia for vanilla currencies.

http://en.wikipedia.org/wiki/DBpedia hmm. Could you help with that?
The backer/issuer/owner describes it when it is defined.

> This kind of means anyone individual or group can start their own forms of
> quantitative easing ... but in a democratic way! :)

since we're all sovereign individuals and stuff.
Received on Monday, 24 September 2012 02:48:38 UTC

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