Under sandbox rules any prequaled Greek can open an S&L. They can prove they hold the reserve ratio, make that enforceable via cryptobadge. The new Greek bank has as power, by ratio, to issue cash in advance to prequaled customers, in Greece.
The bankruptcy of the Greek guv is between the guv and whatever fool insured it. Sandbox is not involved in that dispute, except that sandbox pits know how to manage defaults, which helps enormously.
Fiat mobile banking does much today, using more solvent banks outside of Greece. It misses a lot of deposit to loan matches because they are not close. With Greek S&L associations, prequaled traders, display their crypto badge, easily obtained from ECB, then operate like a credit union. What is the problem?
If Germany wants the Euro to survive, then get the Euro a bearer asset tradeable form on Telegram. The traders and techies do the rest.
No comments:
Post a Comment