m banking been around for a while ... June 14, 2006 ... http://psdblog.worldbank.org/psdblog/2006/06/mobile_banking_.html#comments ... more recently ... How banking on a mobile phone can help the poor ...http://blog.foreignpolicy.com/node/3131 ............ theory is m-banking is a large part of the "new economy" ... the deal is that developing countries can "leap frog" with technology ... no need to do landlines/old AT&t when satellites and/or fiber optics can do the work for you ... ... thus national telecos are dead & doomed ... ... then it is not a far leap to do away with the national central banks ... ... only need one clearing house
say hi to cbi {central bank of iraq}
oneness
dh
ps got any dinars yet ?