Mike Hearn has talked some on how you could use existing functionality in the bitcoin protocol to issue loans. Around 25:50 he talks about ripple + bitcoin whic

Mike Hearn has talked some on how you could use existing functionality in the bitcoin protocol to issue loans. Around 25:50 he talks about ripple + bitcoin which is a practical autonomous lending system. A little bit simpler than the smart property way which is pretty deep down in the protocol. http://www.youtube.com/watch?v=mD4L7xDNCmA&t=17m30s http://www.youtube.com/watch?v=mD4L7xDNCmA&t=17m30s