On line banking will only grow.
Once the lenders have a solid ID verification and priceable credit history, then most of the rest is done on line saving transaction costs. When depositors and lenders both see the value of prequals then transaction volume jumps as traders want their StoL in balance. The bank becomes a liquidity manager for a trading group.
Taking a step further we find trading groups will simply operate from Redneck Systems S&L pit. Down load, configure for Swap Net. No need for central bank support, make dollars liquid by contract with the trader.
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