Blockchain is going to to change everything. It will revolutionise industry, banking, commerce and will transform how we share information. Yes, there is a negative campaign against decentralised cryptocurrencies like Bitcoin but that is only the first application of the blockchain. Bitcoin challenges the banks so they are very busy building their own blockchain and […]
Laws that make it illegal for you to print your own £5 or £10 notes have been in place since 1844. But when these laws were passed, they overlooked the fact that money can also exist in the form of bank deposits (the numbers in people’s bank accounts). Because of this oversight, banks now have […]
Remember cheque books, does anyone use these anymore now we are in the digital age of debit/credit cards, ATMs and Internet Banking ? Try explaining to your children how the banking system used to work in the old days, they won’t believe you.