Title: 2013-05-06 LFB Videocast: Jeffrey Tucker and Peter Earle Post by: n8rwJeTt8TrrLKPa55eU on May 07, 2013, 07:59:49 PM Quote Bitcoin, Bubbles, and Volatility as a Virtue Peter Earle, economist and trader, examines the market for alternative currency and its limitations, promise, and volatility. http://www.youtube.com/watch?v=CyFKDfciNFQ Title: Re: 2013-05-06 LFB Videocast: Jeffrey Tucker and Peter Earle Post by: matonis on May 10, 2013, 01:01:40 PM I liked the discussion with Pete because he is a trader as well.
However, the lending/borrowing function does not really need to change that much. Lenders will price based on perceived risk and level of collateral. Both parties will hedge exchange rate risk via derivatives markets. Happens all around the multi-currency world today. Also, arbitration and a free market for law has been prototyped at http://www.judge.me/about |