Quote from: edd on February 25, 2012, 12:53:10 AM

Quote from: bitprotection on February 24, 2012, 11:24:25 PM

I'm sure this idea has been played about before here but to lazy to search around on here but what if there was some sort of Bitcoin Business Insurance? In other words, the bitcoin business front's a certain amount of bitcoins to insure he/she is serious about doing bitcoin business in this community. In other words, some new bitcoin company comes along and doesn't know how to "gain any trust" ( looks overwhelming) can at least rest assure anyone he does business with that he has enough coins to compensate them for whatever happens. So it would be transparent - a certain amount of coins for the public to see against their business - if they decide the run and there are people effected by this people can issue claims and have funds released. I don't know just trying to see how we can introduce more trustworthy business to our ecosystem! Grin

obviously, by my handle here I'm interested in this stuff! haha

Who would you trust to hold the coins and verify claims?

I don't know yet ...still thinking that part out BUT I mean could even be you ~~mod like yourself~~ on here?