I have a unused security on the Global Bitcoin Stock Exchange that I could use for Civcraft Diamonds. Who's interested in selling their Diamond on consignment to dozens of investors?
Basically, you transfer me your Diamond on Civcraft and I create stocks for them on the GLBSE at your price in Bitcoin, plus a slight fee for my time and paperwork. An investor or a Diamond buyer buys them on the stock exchange and I send you what is owed in Bitcoin.
You can take that Bitcoin and use it to buy more Diamonds, convert them to USD/EUROs/etc. on http://mtgox.com.
Let's say you buy Diamond stock on the stock exchange and you want to redeem them for actual Diamond on Civcraft? You simply email me at the email listed on the security, say you are making a redemption, you transfer me the securities and I bury your Diamonds at a hidden coordinates minus a set fee.
Any questions, interest, thoughts?
Posted Jul 10, 2012, 7:02 AM UTC
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