The Irish Banking Crisis: A Parable
Harvard Business Review
NOVEMBER 29, 2010
You might say that a radically decentralized, p2p financial system spontaneously arose. You might say that a radically decentralized, p2p financial system spontaneously arose. Instead of letting the bankers strike collapse their prosperity, people decided, simply, that they could get on with the day-to-day stuff of banking themselves.
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