Hi everyone
I've had this idea and wanted everyone knowledgeable/interested to come up with comments. It relates to the way 2 people interact in stellar layer.
Say we have the two persons, who want to trade some goods, a and b. Each has a bank account/master/visa card in his own bank, A and B. Once in a while they have trade relations, a buys services from b, b buys products from a.
Questions:
Is there a way to link person a bank account with a stellar account (say via stargazer (or any other wallet))? Respectively person b has also to link somehow his bank account to his wallet. ?
Once a trade operation occurred, there has to happen some transaction between a and b banks accounts? What are the charges for a bank for such operations? Normally it's just a bank transfer. What the charges must be?
If there was a trade operation with a profit margin, the State has to charge a tax? Where the tax will be deducted and who is in charge to send the tax amount to the state treasury? Most obviously it's the bank who should do it. Can the Stellar replace the bank and just send the info to the Government revenue authority, that the seller's bank account owes an amount of money to the State and it will accumulate in the bank, before it literally goes to the state Budget. In other words, stellar will be responsible for recording debts. Theoretically stellar is a good tool for tracking the money mass of the national economy. The money will stop traveling physically, they just can stay in the banks. And the only time the money will have to leave the bank office is when they will be delivered to the national treasury or national bank.
Is stellar robust enough to hold up the information of 4500 trader's transactions every day? 4.5 million traders transactions every day, 9 billion traders transactions?