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Banking on the Moon

OK, OK … after all the knocking of Microsoft over their
horrific Vista and Office 2007 faux pas,  I’ve found a good news story
about them to balance everything.

Yes, Microsoft has beaten Google’s attempt to conquer space by building the Worldwide Telescope.

Debuting at TED Talks, the Worldwide Telescope (WWT) is an amazing interactive tour in hi-definition of earth and space, and is a free download for you to share with your kids … the kids reactions to WWT are definitely worth watching by the way.

So this got me to thinking what about a bank in space?

Seems like someone’s already thought of it.  Here’s a few words from the blog Lamentations on Chemistry:

"The
moon would be a good place for a Bank. Imagine a Swiss-style bank with
safe deposit boxes located on the moon.  How much more secure a
location for small treasures and damning evidence could there be? …
the moon would be a great site for off-shore banking activity. Nobody
owns the moon. It is outside the boundaries of all the jurisdictions on
earth.  Funds could be electronically transferred to a remotely
operated bank on the moon.  Hell, you could leave the doors unlocked
and forget the vault.  At minimum, all you need to do is land a
computer, a dish for data transfer, and some solar panels for power.
Once a year a service visit can be made by LunaBank people to service
the equipment and swap deposit boxes."

Sounds like a great idea if you ask me.

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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