Dear Bitcoin community,

The Federal Reserve of WIP (undergoing a name change this year) operates a new, centralized, fiat coin (WIP) that is inflationary, expansionist, and takes cues from macroeconomics and in-game inflationary economies.  You may see my other posts for an overview.  We are currently developing the centralized software that will allow direct trading, but for the moment maintain a manually updated and published public ledger.  At the current stage it is forbidden to trade WIP for transactions having a direct monetary value.  (Such as for fiat or other crypto currency.)  In addition, the FRWIP reserves all rights over the entire WIP economy at present.  Despite these very strong restrictions, we are already experiencing high interest, already have an independent commercial bank in our central banking system, and have interesting announcements pending.  There are currently 105 WIP in existence.

Currently, we are seeking brief, innovative papers on the general subject of "bearer instruments" or any physical item that can be associated with possession of WIP.  (In the bitcoin world, Casascius coins were an approximation of this property.)

There are severe technical limitations on the idea of any bearer instrument (i.e. copy, counterfeiting) and yet most real-world fiat currency exists in exactly that form.

As WIP takes many cues from real-world currency, we are enlisting your help via this Call for Brief Papers on the subject of Bearer Instruments.

You may write on any subject related to the creation or operation of bearer instruments by the Federal Reserve of WIP (name change pending), with a suggested paper length of 2 pages and a recommended limit of no more than 9 pages.  Briefer papers will be reviewed with higher priority.  We are also happy to give feedback on draft outlines, should you have basic ideas that require some thought to fully describe.

There is no payment associated with acceptance of your paper.  A discretionary stipend in WIP, which has no trading value, may be considered in the case of exceptional short papers.  In addition, your contribution will be honored and mentioned by the Federal Reserve of WIP (name change pending).

Thank you for your attention, and we look forward to receiving submissions or any questions.

I will be giving some of my own thoughts in a follow-up to this post.

Best regards:

Chairman, Federal Reserve of WIP (name change pending.)