Comments: Nokia and Visa announce handset payment system

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 ?

Posted by Dean Hedges at January 21, 2007 02:16 AM
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