I agree Andrew of course banks will adapt what I was unclear on when I say Centralized Banking I mean World Centralized Banking. The developed Western world will slowly but surely merge into one currency even more than we already are. The culmination of Globalization if you will. It makes me sad that it probably won't be the dollar. Our credit rating is down-graded and the administration's response is to borrow yet MORE and spend yet even MORE. Shameful.
On Fri, Jan 3, 2014 at 1:18 PM, andrew vecsey <andrewvecsey@gmail.com> wrote:
On Friday, January 3, 2014 4:28:47 PM UTC+1, Don Johnson wrote:Unfortunately for us all I think the trend towards Centralized Banking will continue.
I also think banks will continue to operate. Just like post offices had to change because of email, banks will have to change because of decentralized crypto currencies.
Just like post offices are starting to stop door deliveries for letters, banks will stop to process credit cards for purchases.--
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