Banking is dead, long live Finance


The end of banking will restore a functioning financial system



The digital revolution has left banking broken beyond repair. But information technology also opens up new possibilities that render banking redundant. Consequently, we should end banking and replace it with a transparent and disintermediated financial system, supported by peer-to-peer networks and modern trading technology. In the digital age, such a system is superior in supporting the real economy with money and credit to a banking system that is completely out of control.


Read the full interview with Jonathan McMillan about his vision of a stable, efficient, and fair financial system for the digital age.

What do you think?