After watching this very short interesting video post by Thomas Power, it raised many questions in my head about how the world’s banking mechanics could completely change if social ‘peer to peer’ lending is introduced on a mass scale medium. Facebook is clearly the perfect network for it to happen on with an approximate billion people on the site by 2012. I’m still surprised Thomas’ video hasn’t had 100,000’s of views, I first viewed it at 3k hits – I’m sure it will appeal to a lot of conspiracy theorists! I know of Thomas via a friend called Daniel Priestley who runs a very successful events company called Triumphant Events. I also recommend checking out Daniel here for his views on Social Media.

What do you think about Facebook becoming a bank?

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