as far as I understand, tmbp. what you ask for here is what ripple's IOU system is supposed to do. they aren't very good at the "for dummies" (no offense) explanation of this system, but you should check it out. If it gets wide adoption, I believe it can supply just what you are inquiring about. people confuse it for being merely a bitcoin competitor (note the extensive FUD regarding it in these forums), but it seems to aim for being more of a side-by-side technology to facilitate decentralized credit within the bitcoin network.
http://en.wikipedia.org/wiki/Ripple_%28monetary_system%29
I still don't wholly understand it, but that's never a good reason to knock it. as far as I can tell it may prove to be very valuable once bitcoin becomes ubiquitous. it is interesting to say the least.
http://en.wikipedia.org/wiki/Ripple_%28monetary_system%29
I still don't wholly understand it, but that's never a good reason to knock it. as far as I can tell it may prove to be very valuable once bitcoin becomes ubiquitous. it is interesting to say the least.
Ripple is the very definitions of a pyramid scheme, it's not open source, they blatantly lie about it on their page. I was thinking of something else at all..
