If it were ever going to be possible to orchestrate at scale, now’s the time. It would take a vast amount of people acting as a bloc.
I wonder if some sort of cloud sourced banking could be worked out to make it feasible. Trying to float a startup bank with student loans, for instance - but that’s clearly outlawed. Maybe some crowdfunding of a bank start up through small monthly contributions. Instead of needing a good credit score to be able to purchase things, buying into a monthly alternative to the credit market.
Flying by the seat of my pants here -
Maybe sell gamified returns for appropriate length investments. So the customer signs up at cost X. Every month they contribute X dollars. The company stores those funds in cash equivalents. At any time, the customer can pause or cash out their payments to that point. After a year, the company stores those funds in instruments that pay out in a year, maybe, or the company just keeps them in cash equivalents. After a year, the customer can qualify for a loan of 12*X+Y through the company. Y being 0 or some present value of the customers promised future payments.
I wonder if some sort of cloud sourced banking could be worked out to make it feasible. Trying to float a startup bank with student loans, for instance - but that’s clearly outlawed. Maybe some crowdfunding of a bank start up through small monthly contributions. Instead of needing a good credit score to be able to purchase things, buying into a monthly alternative to the credit market.
Flying by the seat of my pants here -
Maybe sell gamified returns for appropriate length investments. So the customer signs up at cost X. Every month they contribute X dollars. The company stores those funds in cash equivalents. At any time, the customer can pause or cash out their payments to that point. After a year, the company stores those funds in instruments that pay out in a year, maybe, or the company just keeps them in cash equivalents. After a year, the customer can qualify for a loan of 12*X+Y through the company. Y being 0 or some present value of the customers promised future payments.