What are the thoughts on how things are going to be distributed? eg. Where to send the bitcoins?
I'm thinking I'll put up a very cut-down clone of the WBX software which will allow you to log in using the same OpenID credentials as you used at WBX, and will ask you for a bitcoin address for the funds to be sent to, and will allow you to make additional comments about your account, and upload supporting documentation.
What's not clear is how long to wait before distributing the funds. I guess the first set of funds can be distributed immediately upon the 1 year anniversary, which will be calculated with the assumption that everyone will put in a claim. But I doubt everyone will, so there will be some funds left over - and I don't know what to do with those. Some people will presumably find out about the repayments late. I want to still be able to refund them up to some point in time and not have to tell them "sorry - you're too late". But I don't want to be holding funds indefinitely hoping for claimants to come forward. So I guess some kind of cut-off date is needed.
Ideas?
- Set up the site, give everybody x months to place a claim.
- Make payments
- Job done
* Make it very clear that those who do not submit a claim will lose out. This is as similar to a real liquidation process where the information of debtors is not readily available.
The choice is yours dooglus, but something tells me you'd rather be rid of this mess sooner rather than later.
Additionally, I'd like to add that given so much time is passed. I'm after quick action to be taken and a shorter 1 month claim window to be used.