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RE: Introducing Decentrabank! Mutual Trust Banking - A lending platform on Steemit, based on trust. Opens March 1st.
Yeah..But I'm willing to give it a shot anyway. But there will of course be strict restrictions..I have all rights to chose who I am going to lend out to. And it's not like I'm going to lend out 200 STEEM to some random person. Any amount that is substantial to me will only be loaned to someone who is not willing to destroy his/her reputation here for money.
I'm not sure if I understood the first argument? Someone wouldn't be sanctioned as long as they are planning to repay. If someone doesn't repay on schedule, they will lose credit rating. I wouldn't start bashing their accounts.
I would guess that if you posted your list of bad credit rating users, then the community might react by not upvoting those accounts. So, depending on how much they had in the first place, it might be harder for them to earn more going forward.
I don't expect you to get all bsanders on them.
Oh..well. theres a difference of paying back late and taking the money and run. Late = probably not another loan. But I think I will be transparent with credit ratings..