Post
Topic
Board Beginners & Help
Re: Trust System
by
Mikeologist
on 31/05/2013, 03:16:36 UTC
It appears to be the beginnings of a topic-centralized credit union.

TO ANY LAWYERS OR CORPORATE BANKER TYPES INTO BITCOIN, please consider how to do this like the Swiss would.

What?  Can you elaborate?  I'm a little confused.

The trust system just gives you a way to filter feedback given to people based off of trades.
When you buy a house in some countries, they run what they call a credit report; while it is a fair to midland marker for the reliability of the risk, a better way would be to only asses the tested reliability of the risk.

Is this person a risk with my 100 btc; well no, the have proven trustworthy with a lot more than that by someone who is in turn trusted by others: and so on . . .

By establishing a network that does not draw a profit to track this info an provide people with security in an insecure time. The goal being to perpetuate the principals on which bitcoin was founded.

I just hope someone of means has a transcendental understanding as to lead them to the same conclusions.

Simply to help, as I have been helped.