Been trying to find a solution to a particular problem of political economy, and

Been trying to find a solution to a particular problem of political economy, and that is, that I’m not convinced it is even possible to honestly resell a loan. In fact, I’m pretty sure that everyone involved in the issuance of any loan should be responsible for it.

Now, digital coinage solves that problem by allowing us to cheaply issue shares on any particular loan, and to sell the shares against that loan without laundering causality or transferring responsibility for the loan and its default. This restores the lender’s liquidity without transferring ownership of something that I do not think can be ‘priced’ honestly except by the issuer and his honest assessment of the risk.

This is a very interesting political theory. And it’s a fascinating business problem. The insurer then, simply functions as a title registry for data, and that registry could even be public as are BTC.

Since it’s not POSSIBLE to honestly issue a loan any other way, then this gets out of the problem of loan bubbles, and even makes it nearly impossible to profit from state inflation of individual markets…. hmmmmm…… also stops too big to fail….

I knew I would figure it out if I stuck with it…..