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psunite
Joined: 27 Jan 2005
Posts: 6213
Location: Columbus OH
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| Posted: Tue Sep 19, 2006 1:44 pm Post subject: EBay could replace banks in the future |
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EBay, or an equivalent trust system, could replace banks within 20 years, according to a Gartner analyst.
Stephen Prentice, vice president and distinguished analyst at Gartner, told vnunet.com that the existing financial services industry was unlikely to exist in 20 years' time.
"Ten or 15 years ago, people trusted banks. Nowadays banks in the UK realise that most of their customers don't actually trust them. They don't even like them. They only use them because they know there isn't really an alternative," he said.
"Banks are a classic case of [a business where] their whole livelihood, their ability to trade, is about being trusted. They used to be trusted, but they're not anymore. They're tolerated.
"If I wanted to look 20 years out, I would say there will not be a banking industry as we know it today. Most of the functions that they carry out will be handled by online or electronic brokerages."
more.. link to news article |
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Patty00
Joined: 13 Dec 2005
Posts: 1018
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| Posted: Tue Sep 19, 2006 1:58 pm Post subject: |
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| Okay....now my sides are aching from laughing. Ebay...with its sparkling reputation for customer service and honesty? Are we sticking needles in our eyes? |
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LurkeyLou
Joined: 20 Feb 2005
Posts: 1979
Location: Columbia River Gorge, Washington
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| Posted: Tue Sep 19, 2006 2:03 pm Post subject: Re: EBay could replace banks in the future |
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ROTFLMAO!! Yeah, I'd be happy to trust my money to a company that is incapable of keeping their own members from being scammed. NOT. I'd put my money in my mattress first! A monopoly on the monetary system? Can you imagine the freakin' interest rates for a loan?? :shock:
Yeah, Patty00, needles in our eyes while we're sitting in a puddle with our toe in a live socket! |
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knappschiles
Joined: 25 May 2005
Posts: 4035
Location: Wi
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| Posted: Tue Sep 19, 2006 2:09 pm Post subject: |
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Yah, they can't keep their own billing dept straight, so I'm going to hope they will keep my investments right -- NO WAY !!!
Who ever wrote that sure doesn't REALLY know eBay.
Carol |
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2BOYSandTOYS
Joined: 14 Mar 2005
Posts: 10095
Location: Kansas
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| Posted: Tue Sep 19, 2006 4:32 pm Post subject: Re: EBay could replace banks in the future |
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| I'm with you all - tin can, backyard and shovel sounds far more appealing and secure than this....this can't be for real - ? :? |
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beckysthisnthat
Joined: 02 Mar 2005
Posts: 1577
Location: Texas
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| Posted: Tue Sep 19, 2006 4:44 pm Post subject: Re: EBay could replace banks in the future |
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| ROFL Not in my lifetime! :lol: :cry: Laughing so hard, I'm crying! :roll: |
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2BOYSandTOYS
Joined: 14 Mar 2005
Posts: 10095
Location: Kansas
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| Posted: Tue Sep 19, 2006 5:12 pm Post subject: Re: EBay could replace banks in the future |
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| Becky - I almost did the same....only crying wasn't the outcome!! :oops: 8) |
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beckysthisnthat
Joined: 02 Mar 2005
Posts: 1577
Location: Texas
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| Posted: Tue Sep 19, 2006 5:18 pm Post subject: Re: EBay could replace banks in the future |
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KryseeMac
Joined: 02 Aug 2006
Posts: 306
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| Posted: Tue Sep 19, 2006 5:28 pm Post subject: Re: EBay could replace banks in the future |
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You know, I read that too and started laughing...so much so it got both my parrots laughing too. ****wiping the tears away**** One just said "That's so silly". LOL...wish they could read and know what they're really laughing about.
Ebay...what a joke. The bad thing is we probably won't be dealing with real money anymore. That's just scary in a way...I don't like it when it gets to the point that we can be tracked anywhere, anytime using any cards. They can do it now but at least we still can use money...wait... there's those pesky cameras. Just wants to make a person be paranoid doesn't it?
Wonder how much real money will go on the auction sites by then?
Crap...the birds are making farting noises and then giggling...(sigh) |
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mojavelyn
Joined: 25 Feb 2005
Posts: 8084
Location: Mojave Desert CA 120 miles from civilization
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| Posted: Tue Sep 19, 2006 6:10 pm Post subject: |
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Banks used to be trusted???? Since when??? how come my family kept their money buried in an old coffee can under the tree? Then forgot where they buried it.
Or in the mattress... only to have the house burn down. |
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beckysthisnthat
Joined: 02 Mar 2005
Posts: 1577
Location: Texas
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| Posted: Tue Sep 19, 2006 6:13 pm Post subject: Re: EBay could replace banks in the future |
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Quote: › docWrite("quote")Then forgot where they buried it.
That would be my luck! I hide money, but not telling you where! :wink: |
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BHWINC
Joined: 20 Jul 2006
Posts: 53
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| Posted: Tue Sep 19, 2006 6:49 pm Post subject: Re: EBay could replace banks in the future |
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Here are a few IT's feebay should be tired of hearing by now .
Stick IT
Shove IT
Forget IT
and at last the old classic,
Ebay,
SIT ON IT! |
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BHWINC
Joined: 20 Jul 2006
Posts: 53
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| Posted: Tue Sep 19, 2006 6:51 pm Post subject: Re: EBay could replace banks in the future |
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| Sorry for the interruption folks, I had two windows open.. |
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CrystalStar
Joined: 06 Mar 2005
Posts: 3571
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| Posted: Tue Sep 19, 2006 7:36 pm Post subject: |
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| 20 years from now I won't give a rats *ss...I'll be in my own little padded cell quietly counting the threads in my jacket!! |
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2BOYSandTOYS
Joined: 14 Mar 2005
Posts: 10095
Location: Kansas
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| Posted: Tue Sep 19, 2006 7:38 pm Post subject: |
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CrystalStar wrote (View Post): › docWrite("quote")20 years from now I won't give a rats *ss...I'll be in my own little padded cell quietly counting the threads in my jacket!!
I'll come visit you girl.... :wink: ...
But - I thought you were coming to KS to be whipped away by one of our tornados!! :? :) |
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