Shamanism Archive

Local ISP’s As Banks & Financial Transaction Hubs

Thursday, October 25th, 2007

[Notes] Piggybacking onto the Value Transfer Protocol idea…

If money could be exchanged electronically through as “open” a standard as FTP (by analogy anyway), then that would catapult internet service providers into a ridiculously important new role to play: electronic banks.
In a sense, ISP’s are already that - if you accept that information is a form […]