- From: Manu Sporny <msporny@digitalbazaar.com>
- Date: Fri, 30 May 2014 10:41:06 -0400
- To: public-webpaymentsigcharter@w3.org
On 05/29/2014 04:17 PM, floris.kleemans@nl.abnamro.com wrote: > Within my daily work as a strategist for a bank, we tend to use the > term non-traditional currencies. This is an easy term that could > apply to non-fiat money, digital, virtual and cryptocurrencies, all > the way to for instance loyalty points (transferable items that carry > value and could be used for purchases). +1, seems to deal w/ the issues that both Joseph and Tobie raised. We should keep the audience for the charter in mind as well, which is (IMHO) these communities, in this order: the W3C community, the broader Web/Internet technology community, the financial sector, the general public, regulators and law makers. We shouldn't get hung up on this terminology, especially since there is confusion around exactly what these new math/network-based are (with no end in sight). Whatever we pick is going to cause some amount of confusion, and this one phrase, whatever it ends up being, isn't going to derail the work. We will have to translate what we mean to other groups from time to time, which is why Joseph is our liaison to groups like UNCITRAL. I do think that using "electronic tokens" is going to be more confusing than "cryptocurrency", so if there is push-back on "cryptocurrency", "non-traditional currencies" seems to be a good middle-ground. We should mention "cryptocurrencies" somewhere in the charter because we need to discuss how they fit into the work we intend to do and we need to make that intent clear. -- manu -- Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny) Founder/CEO - Digital Bazaar, Inc. blog: The Marathonic Dawn of Web Payments http://manu.sporny.org/2014/dawn-of-web-payments/
Received on Friday, 30 May 2014 14:41:36 UTC