Re Launching a Global Currency Is a Bold, Bad Move for Facebook
The first, and perhaps the simplest, is that organizing a payments system is a complicated and difficult task, one that requires enormous investment in compliance systems. Banks pay attention to details, complying with regulations to prevent money-laundering, terrorist financing, tax avoidance and counterfeiting. Recreating such a complex system is not a project that an institution with the level of privacy and technical problems like Facebook should be leading. (Or worse, failing to recreate such safeguards could facilitate money-laundering, terrorist financing, tax avoidance and counterfeiting.)
Psycho Cybernetics - Maxwell Maltz
Psycho-Cybernetics is a self-help book written by Maxwell Maltz that proposes that humans have a self-image of themselves which is painted by their experiences and feedback from others and their actions align themselves in order to reinforce and maintain that self-image.
Bitcoin Lightning ATM Idea
I was just thinking of some existing financial infustructure and the concept of “Bitcoin ATMs” that exist today.