misterlocke

The article you're talking about is written 7 years ago, so it makes a lot of sense that he learned and improved his thinking over that time and now he has sone new (and maybe better) ideas.

Nope, it's pretty fun. But like everything else, you should put a little thought in how you handle things. Kids (even the new born ones) are not so irrational as you may think. They just have different motivations. Once you're able to put in their shoes and understand why they do something, it's easy to communicate and collaborate with them.

I like the concept of P2P microlending, especially enabled by technology, so the loan sharks can be kept out of the system.

But to really be sustainable and have a high-impact (as a tool for economic growth in the 3rd worlds, not as a business per se), it should be more localized. Think at something like localbitcoins.com - as a working system - ignore the bitcoin part of it. This way you can get rid of the most of the taxes and decrease the level of fraud.