Ask HN: The dawn of a new monetary system.. or just a hoax?
I came across this website while mistyping a research. Recipco aims to provide a new non-monetary trade system. And they seem to have quite a lot of resources and people behind this, from what James Fierro says in his last newsletter post from April 2012.
And here come they great big BUTs:
- Google search results for Recipco: 4,520 - Google News search results for Recipco: 0 - The website and their pitch seems like it was made in the early 2000s - Businessweek profile (http://investing.businessweek.com/research/stocks/private/board.asp?privcapId=7284104) All recipco board members who actually are from Recipco have 43 relationships, which is the number of board members. I usually don't go into pseudo-paranoid mode but I'll allow it just this once.
Call me crazy but such a disruptive idea which is said to have interacted with over 200 multinational corporations should at least come up in a few random newspapers. This is just from a quick research I did,I find the idea interesting but something seems out of place.
Any thoughts?