Thanks for your thoughts! One can multiple fake identities but it may not be easy to convince your friends to join this group that has some unknown identities. It comes down to how you would be able to convince other people (friends, trusted associates) to participate with you in this ROSCA circle. That would be difficult, because they would be able to see the email account, want to know their names, meet them etc...
At this time, you can invite others, and get invited to a Trusted Lending Circle, so you won't have the opportunity to interact with someone you do not know. The concept of a lending circle (aka rosca) is very different from lending club where you interact with strangers. In a Trusted Lending Circle, you verify that you know these participants before joining. Is that helpful? thanks!
Not particularly. If your lending between your close friends, you could just do it in person or over the phone no need for a new coin or software.
If the "circle" is more a local town or city, then your back with people getting info off facebook and forging ID's.
So i'm sorry but I still think project is doomed unfortunately.