Indemnifying small merchants via a crowd-sourced (and refundable) fund.

Indemnifying small merchants via a crowd-sourced (and refundable) fund.: Hey chaps, I know I'm new here and all...

I know I'm new here and all that, but I have a concept I'd like to run by you all - it's basically a fund which we can use to guarantee fiat cash to regular merchants. The fund will be "untouchable" by any individual - in fact I propose that it requires 3 out of 4 trustees to be able to access it - so I hope that help alleviates any concern about a "hit and run". Although I'm initially targetting businesses that might be near a bitcoin or tech event (as they would benefit from increased foot fall), if it does take off then I'm sure it could be applicable for any small merchant. Please read more here: http://www.indiegogo.com/bitcoin-indemnity-fund And Please tell me what you think! Don't worry, I'm quite happy to hear bad feedback as well as good.

Full article: https://bitcointalk.org/index.php?topic=136514.0