Disrupting Banking

Fellow banking reformer Simon Dixon was presenting at the  European Bitcoin conference in Prague.

There are three industries that need disrupting the most and none of them are disrupted because of three rules and flaws in modern banking.

Simon shares why banking is so indisruptable.

“It’s pretty hard to let a bank go bust when we rely on banks for actual creation of money.”

“Every single penny (with the exception of coins and cash) in our economy is associated with debt.”

On his website dedicated to banking and monetary reform Simon predicts big problems for our future. Have a read here.