Why we NEED a token based economy - How the VBS 'bank heist' sparked a parliamentary brawl in South Africa - BBC News
The collapse of a rural bank reveals the extent of corruption in South Africa and shows why we desperately need to replace the current system of economics and financial systems and stop this abuse. In this awful story, as usual, its the people who can least afford to lose their money losing their moey whilst the greedy scumbag fraudsters at the top take everything. Absolute fucking scum
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The banks are going to continue to be a problem until they are eradicated completely. Now that there is an alternative starting to form, it is amazing how poor the system we operated under. Cryptoeconomics eliminates this.
I agree, and hopefully events like this will bring the issues of the current flaws in the traditional banking system further into the public psyche.
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We need a continued push of alternatives. That is the only way things will change.
Yes get ride of these scum banks and use say Steen with free transactions :)
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