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Author Topic: #bitcoin-otc + facebook = Zero Exchange??  (Read 1056 times)
DannyM
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January 13, 2012, 01:19:17 PM
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So what do ya'll think about the "Zero Exchange" project?

http://zeroexchange.sourceforge.net/en/book.html

One description is that it's like #bitcoin-otc (http://bitcoin-otc.com/) over facebook.

While at first glance it seems more applicable to LETS than bitcoin, maybe it can enhance the usage of our favorite electronic tokens.

For example:

1.) Robert wants to trade his bitcoins with Alicia for her socks, but he doesn't have enough bitcoins, he can draw on his "credit" with Luke.
Robert is happy to get the socks he wanted but otherwise couldn't purchase, and Alicia is happy to get the bitcoins she wants and now has more eligible buyers than she would have if she didn't use the system. Luke gets his prior obligations to Robert settled, and everyone wins!

2.) See all those large address balances (http://bitcoinreport.appspot.com/)? What if that value was working for mutual benefit instead of just sitting there?


I'm sure there are better ideas, what are some of them?
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