Why Facebook's banking aspirations have Canadian banks shaking in their boots

[Flash]

http://www.theglobeandmail.com/video/globe-now/why-facebooks-banking-aspirations-have-canadian-banks-shaking-in-their-boots/article18008739/?utm_medium=Newsletter&utm_source=The%20Globe%20and%20Mail&utm_type=text&utm_content=TheGlobeandMail&utm_campaign=115660728

So now Facebook wants to get into banking. We right now know how PTB want to proceed with their NWO in the Financial side. They already have your life givent to them with all your particularities, friends, tastes, through wilingly putting it up for the takers, on Facebook, now they will have all of your Financial information as well. I would not be surprised that banks have to pass through Financial Facebook for all transactions.

Brave new world and more. Add to that the hands being print to pay at cashier in stores, and maybe soon to pay on Facebook.

[Hervé]

What seems to be missed with that post/thread (http://projectavalon.net/forum4/showthread.php?70525-There--No-Need-For-Tracking-RFID-Chips-), is that with that technology, there is no need any longer for any tracking chips which was the big hoopla about the mark of the beast, etc. to an enforced chipping of population for banking. That post just demonstrates that chipping is unnecessary... the tracking is done by the cellphones... and is already widely implemented without much of anyone complaining.

[ThePythonicCow]

Brave new world and more. Add to that the hands being print to pay at cashier in stores, and maybe soon to pay on Facebook.
Well, I doubt that Facebook will become the sole payment processor.

However, I see multiple payment mechanisms being allowed to spring up that rely on a single world wide, Internet based, infrastructure, rather than being Proprietary bank based.

===

Over a century ago, Western Union began providing money transfer services, originally based on the telegraph. They still in business sending money, so far as I know.

Then more recently we have seen the major Credit Cards providing a semblance of money transfer, but since they are essentially bank consortiums, they cannot overly threaten the banking business models. We could purchase something to be paid for with a credit card number, after placing an order from a mail-order catalog, over the phone or postal mail.

Then with the advent of the Internet, Paypal and now Dwolla joined the fray. Paypal however is also working with the Credit Card companies, so not so much a threat to them, or their banks.

Even more recently, cryptocurrencies (e.g. bitcoin) are providing another means to transfer money across borders.

Paypal and this new Facebook effort are, I'd guess, in bed with the intelligence agencies. I suspect that bitcoin, et al, and Dwolla will either get in the same bed, or be suppressed after a point.

===

What I think is happening is that the New World Order, One World Government will necessitate payment systems that are (1) independent of banks, (2) Internet based and (3) beholden to the intelligence agencies and the bastards in power behind them, rather than to the existing Banksters. This will include

a new basis for international contracts and settling international trade, replacing the US Dollar in its world reserve currency role,
A New World Tax Regime (http://www.alt-market.com/articles/2094-a-new-world-tax-regime), and
a common underlying basis for those person to person payment systems that are essentially Internet based (such as Facebook bank).

So, yes, this is deeply threatening to banks, though I don't expect I'll be forced to pay for my Oriental manufactured computer parts using specifically Facebank anytime in the future.

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A key point of contention at present will be what becomes of SWIFT, the international inter-bank money transfer system established by the Society for Worldwide Interbank Financial Telecommunication (http://en.wikipedia.org/wiki/SWIFT). SWIFT is what is used for "big money" wire transfers, between financial institutions.

Presently the BRICS nations no longer trust SWIFT (as it is no doubt heavily infiltrated by Western intelligence agencies), and are developing their own alternative to SWIFT.

If the One World Meisters are to succeed, this split will have to be undone at some point.

Perhaps the BRICS alternatives to SWIFT will evolve into a means of forcing major changes on SWIFT, by first allowing competition, then after some global economic collapse, re-uniting the mess into some new world payment system for the "big money".

[Tesla_WTC_Solution]

Flash, I just made a new Facebook like a week or two ago.
And now this? lol!

Tesla always getting on the bus at the last stop.

p.s.

Facebook won't have to spend as much money on security when your mom can notice the hacker on your account lol


p.p.s. Break the Paypal/Ebay monopoly somehow :* imo