Thursday, April 27, 2017

Timmy, socialist welfare bum

Apple has held talks with Visa about making its own pre-paid debit cards, Recode reported on Thursday.The pre-paid debit cards would tie into an unannounced service that would allow iPhone users to send money to each other digitally. 

Timmy Cook, you idiot.  You do not need the central bank, to exchange dollars.  Think it through a bit my tiny brained friend.  The central bank gets you a registered savings and loan account, regulated. Just create your own automate savings and loan technology, set the profit function to zero, and you ate fine.  Since your profit is zero, your costs are zero, the regulation  is quite simple, all the capital requirements gone.  Further you can get government off your back by limiting price volatility as needed.
Another choice would to denominate  in Apple coin, then separately we can trade Apple coin for dollars.
In other words, Timmy, connecting wires does not do the trick for money, you have to figure out how pricing works, or go beg to Trump for Timmy insurance,

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