My project for a new form of money: http://ripple-project.org/ http://ripple-project.org/ Everyone issues their own personal currency, but you only accept the

My project for a new form of money: http://ripple-project.org/ http://ripple-project.org/ Everyone issues their own personal currency, but you only accept the currency of people you trust to make good on their obligations to you personally. For those you don't trust, the system finds intermediaries to exchange the buyer's obligations for those acceptable to the seller. Lots of work needs to be done to make this useful, but I've had a system operating for several years now at http://ripplepay.com http://ripplepay.com. Comments always welcome.