4 ms·
This just reminds me of http://en.wikipedia.org/wiki/Hawala http://en.wikipedia.org/wiki/Hawala and nothing else.
by lifeeth_ 12y ago
This just reminds me of http://en.wikipedia.org/wiki/Hawala http://en.wikipedia.org/wiki/Hawala and nothing else.
- gojomo 12y agoYes, but also more generally, highly-liquid IOUs ("bills of exchange") as were widely used before the rise of modern banking: http://jpkoning.blogspot.de/2013/02/ripple-or-bills-of-exchange-20.html http://jpkoning.blogspot.de/2013/02/ripple-or-bills-of-excha...