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Title: How would BTC-IOU look like? Post by: btcusr on June 11, 2013, 03:56:44 AM If IOUs were to be implemented in Bitcoin, then how would BTC-IOU look like?
Is it even possible to implement BTC-IOU with Bitcoin. I'm confused. ??? Title: Re: How would BTC-IOU look like? Post by: DeathAndTaxes on June 11, 2013, 03:58:56 AM Your MtGox balance is an IOU. You don't have the BTC they do. They are just promising to allow you to withdraw your balance on command in the future.
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