Nifty secret bank system
Steve Schear
schear at lvcm.com
Wed Oct 3 15:25:33 PDT 2001
At 06:30 PM 10/3/2001 +0100, CDR Anonymizer wrote:
>http://archives.nytimes.com/2001/10/03/international/03LAUN.html
>
>lo-tech, trust-based, stable and fully functional since antiquity. I like
>it :-)
You'll notice the cost of money transfers using this private system are
well below international bank wires. If governments want to
reduce/eliminate this "illicit" competition they should fully underwrite
the cost of international wires below a certain threshold (say $10,000).
steve
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