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907

Hi.

So the big lesson for us on the right is that we need a parallel economy.

The goal of a parallel economy has only one majour roadblock: access to the banking system.

Does anyone have any deep understanding of how the banking system works and whether or not buying a bank buys you access to the banking system or whether or not that just buys you a building and the banking system can still cut you out?

Obviously, the future is quick transaction crypto (the only thing actually stopping a parallel economy), but I'm curious if there are any hard/fast answers to the above question beyond "the jooos".

Hi. So the big lesson for us on the right is that we need a parallel economy. The goal of a parallel economy has only one majour roadblock: access to the banking system. Does anyone have any deep understanding of how the banking system works and whether or not buying a bank buys you access to the banking system or whether or not that just buys you a building and the banking system can still cut you out? Obviously, the future is quick transaction crypto (the only thing actually stopping a parallel economy), but I'm curious if there are any hard/fast answers to the above question beyond "the jooos".

(post is archived)

[–] 0 pt

Can you expand on this --> "been there done that"?

As in the caymans?

[–] 2 pts

I won’t get more specific for risk of doxxing, but every countries gov can issue a banking license and that would let you operate as an international bank where you are. Many of the Caribbean countries have lower license fees than say the US.

Beware the old boys club though, don’t think for s second they won’t defend their business model like the mob.

[–] 2 pts

Oh! A few points:

  • I'm not fishing, I can't even afford the bait. I appreciate you offering a peek into that world.

  • Okay, old boys club. I know how that world works.

  • I am mostly thinking "farmers start a credit union" rather than offshore. BUT, that actually answers a portion of the question very nicely.

I appreciate that.

Back near where Im from there is a bank way out in the middle of the country for the Amish. No one seems to care if you stay smaller at least. Amish are loaded too.