Karl Fogel at
Ben Sturmfels likes this.
Interesting idea, but I think it would mainly have the effect of confusing people. Considering the public's apparent perception of Kickstarter and Indiegogo as a kind of store, where you buy physical products before they're manufactured, I wonder how many of us would be disappointed at the lack of physical rewards for participating in insurance.
that does sound confusing .. there are too many bad associations with that word.
what use is "crowdfunding" if nothing accepts cash?
(which STILL seems to be the only sane payment method)
the idea of handing out credentials that give access to bank accounts just to pay for something makes me puke.
nobody should EVER be asked to do that!
as for any other forms of online payments - no use because users can't trust the operating systems or even the hardware anything runs on.