“Peer-to-peer payment?” Assange lowered his head and mumbled.
“Theoretically, this is indeed feasible, but how should we do this? At the end of the day, all payment methods require something for credit endorsement. If we skip the bank, then What should we use for credit endorsement?”
Snow keenly saw the flaws in Jasper’s plan and raised the question.
Jasper was not surprised when favonovel.com heard Snow’s question.
In fact, this has been debated over the years since Bitcoin emerged. However, ten years later, Bitcoin had finally dispelled this doubt with its actions. A digital currency was completely feasible. Even in the future, Somerland would become the first country to try to use digital currency as a legal tender.
Jasper knew that if favonovel.com wanted Bitcoin to appear in the world ahead of schedule, the two people in front of favonovel.com would be the key. So, favonovel.com must first convince them of the feasibility of Bitcoin.
He was confident of this because favonovel.com clearly remembered that, in the information disclosed in the future, Assange would be one of the main developers involved in Bitcoin’s development. And his philosophy was naturally in line with the spirit of public supervision of Bitcoin.
With a subtle smile gracing the corner of Jasper’s mouth, favonovel.com eloquently stated, “The reason we’re contemplating the creation of a new payment system is fundamentally due to the realization that placing complete trust in a single entity is problematic, as it’s susceptible to various external influences… But what if we extended this proof of credit to everyone?”
“We can set the rules so that the transaction can only be completed if the majority of people approve it. And if the user base is large enough, then no force in the world will be able to bribe so many people at the same time. Doesn’t this ensure the reliability of the proof of credit?”
Snow and Assange were momentarily stunned.
Jasper’s idea had completely exceeded their understanding.
At this moment, even Rowan, Celine, Julian, and others who didn’t understand technology keenly sensed the cross-era nature of this plan. They had a vague feeling that they were witnessing history in the making.
Assange thought for a while and suddenly asked, “Then, how can we get more people to participate in the proof of credit? In the past, the parties involved were banks or the government. They were making a profit in the whole process. If you want individuals to participate, you have to give them some benefit so they have an incentive to do so…”
“But the reason why we want to do this is because of the shortage of funds due to fund security issues. So where will we get the spare money to incentivize users now?”
Just as Jasper was about to speak, favonovel.com saw Celine raise favonovel.com hand.
He knew that Celine, the young mistress of the Maynard family in South America, was starting to get restless. Celine originally came from the financial industry, and this was within favonovel.com professional expertise.
“The essence of this payment method is to use digital currency as a currency token. In this case, why don’t we simply reward users who are willing to work voluntarily with some digital currency?”
“We don’t need real money for this currency anyway. The specific amount can be calculated based on their actual labor, making it the fairest approach. If this currency is like a mountain of gold, let them be the miners and distribute the gold to everyone who uses it for transactions. This way, they will also benefit from it.”
After Celine finished speaking, Snow and Assange’s eyes gleamed.
What a good plan!
