Milos
· 2d
To what extent do you see this working in the current environment? My first thought was that since private banks can print money, they do provide a relatively efficient solution to this problem. A lin...
With regular banks you need, well, banks, and that sucks...
P2P bills are great for bootstrapping a financial economy where none exists, and since there are no bitcoin native banks, I expect something like this to do the initial work.
Bills also get a lot more useful if you do have discont houses which buy bills and issue currency ontop.