I dont know how hard it would be to implement this system (programming wise.)
But a Fusion of Anarcho-Capitalist ideas and the Bitcoin network seems do-able.
This system doesnt really make sense without understanding the basics of the Bitcoin network.
The system attempts to create a fully open and transparent banking network.
Users can create,send,recieve currencies. The trick is that the Reciever must pre-accept that form (By issuer ID) of that currency (or a third user be to able and willing to facilitate that trade.)
Ideally users would trade in units of commodoities (Like ounces of gold,) however realistically they could only trade in proxies like "SprottGold" and "EuroPacGold" and then arbitrage specialists and programming developers make moving from one currency to the next seemless. While industry standards emerge to assist arbitrage specialists in minimising the differences in commodity Proxies.
This in my opinion, makes gold as fungible digitally as fiat, reduces transaction borders, limits and fees. Increases individual Sovereignity, exposes corrupt central banks, exposes overleveraged institutions etc.
What Im really wanting is some strong criticism, advice, and possibly support (non-monetary) to evaluate this idea. Im not worried about someone stealing my Idea as Open-Source P2P networks arent going to be profitable.
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