Comments on: SMEs paying too much for banking services… http://www.diversity.net.nz/smes-paying-too-much-for-banking-services/2007/11/09/ Commentary and Analysis for User-Centered Technology Fri, 10 Feb 2012 03:02:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: raf http://www.diversity.net.nz/smes-paying-too-much-for-banking-services/2007/11/09/comment-page-1/#comment-609 raf Fri, 09 Nov 2007 18:45:04 +0000 http://diversity.net.nz/?p=456#comment-609 Ooh yes....what is banking after all other than shifting numbers on a spreadsheet and a bit of cash stuff (2% of the total money supply). Businesses like Xero, Bartercard, Factoring services and others could always design an internal credit system living within the current system but yet bypasses any issues with regulation. Back to the old days of accommodation bills pre Bank of England. Anyone who wants to really understand money and how this kind of system could develop then read the paper "The Nature of Money" on my website. Ooh yes….what is banking after all other than shifting numbers on a spreadsheet and a bit of cash stuff (2% of the total money supply).

Businesses like Xero, Bartercard, Factoring services and others could always design an internal credit system living within the current system but yet bypasses any issues with regulation.

Back to the old days of accommodation bills pre Bank of England. Anyone who wants to really understand money and how this kind of system could develop then read the paper “The Nature of Money” on my website.

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