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End of banks
Posted: 5 September 2005

Surely this scenario postulates the end of the banking system as we know it? E-cash will only succeed in a format that breaks the current fat-cat mould of the today's banks. Wh should a WalMart not become the new banking engine? Or an enirely new player.

MindBullet logo US TREASURY LAUNCHES eDOLLAR
Credit cards & PayPal threatened by electronic cash
Dateline: 9 November 2009
The retail banking industry stands on the edge of a crisis today after the US Treasury announced it would start issuing digital cash. The new eDollars will run on virtually any platform, including personal computers, mobile phones and traditional banking networks. China and the EU are expected to match the US move almost immediately, giving digital money the official endorsement and security ...
 
 
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