Twitter engineer Alex Payne made news today by announcing that he is leaving Twitter to co-found a bank, called banksimple. The new bank is supposedly focusing on simplicity and transparency: there are no fees, you can deposit checks by uploading a picture of them, the website is nice and clear, etc. That’s great and all, [...]

Tags: Banking and Interest Rates in a World Without Money, banksimple, Black, Business Cycles and Equilibrium, monetary theory, Payne
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