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BruceMcF:
Institutions are intrinisically part of those things we take for granted as we make the routine decisions of our day to day life.

I see no future for institutions or organisations in the emerging post-Internet "Peer to Peer" economy. I see the future in networked self organisation within consensually negotiated legal framework agreements.

BruceMcF:

As far as why banks are not aggressively pursuing this form of financial partnership, note that under existing capital adequacy requirements, the

In my own simplistic language, banks lend: they do not tend to invest.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sun Feb 22nd, 2009 at 03:20:06 PM EST
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