On Wednesday 26 August 2009, Anthony Carrico wrote: > Frequent flyer miles and gift cards are modern examples. Also, North > American banks did print their own currencies (before competition was > eliminated). I liked my green stamps:)
>
> In particular, we could move to peer-to-peer or friend-of-a-friend
> banking in which every individual and organization plays the role of a
> bank. Here "friends" are peers that set up a credit relationship, so
> this includes actual friends, but also stores and customers,
> manufactures and distributers, employers and employees, etc. throughout
> the economy.
I've always found your idea about this pretty cool.
What about a micro-lending schema similar to what is being done in 3rd world
countries.
Rion
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