Worst case of design-by-committee I've ever seen. More of a trainwreck than all the XML standards rolled into one.
This is true, but as they say, "it just works". At the cost of who knows how many broken fingers by now.
Anyway, given the interest Mr. P wrote out the specification a little, for this thing provisionally called
BTC-UXP. All comments more than welcome.
I was absolutely floored when I found out that $100 million MBS trades are done by voice telephone call.
This is the power of "people know people". If you found out just how much of today's money, politics and so forth moves on a simple nod and a handshake....