Can the Internet Replace Big Banks? (Greek Complexity)

May 24, 2013

Can the Internet Replace Big Banks?

Excerpt: "We've seen digital technology disintermediate everything from record companies to university curriculum. Yet banking has remained rather immune to all this disruption. Sure, ATMs and online banking may threaten the bank teller's union, but central banking's monopoly over money has hardly budged. Just like we have to get our food from real plants and animals, we have to get our money from real banks. Or at least it appears that way to most of us."

More here: http://mashable.com/2013/03/24/douglas-rushkoff-digital-economy/

This is an auto-generated post from my reading list courtesy IFTTT. See http://ifttt.com

Posted at 12:19 PM in Finance, New business ideas, Strategy & business models, Web | Permalink

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Greek Complexity

Cyclist venture capitalist // Blogger since the 90s // Collect beer bottles // Ex-Perl coder (and I know that dates me) // Twitter // Linkedin

May 24, 2013