Tom On The Banking System Architecture Issue - AVC

The banking system we have today is financial infrastructure similar to the old phone networks in preInternet days – it’s way too centralized and too many tolls are paid as the flow goe...

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Source: AVC

The banking system we have today is financial infrastructure similar to the old phone networks in preInternet days – it’s way too centralized and too many tolls are paid as the flow goes through the money centers. Interestingly the $100,000 limit on FDIC insurance is encouraging people to move their assets out of the money […]