The future way to Fund, Borrow, Raise Funds And Invest

http://vote.thedrum.co.uk/ I have just entered a competition where I get to pitch my new Banking Alternative Start Uo Bank To The Future to some very influential people in Silicon Valley.

Would love your vote to help take on the banks.

1. Click this link:

http://vote.thedrum.co.uk/

2. Sign In With Twitter

3. Vote for the pitch you like (That one is up to you, but hint, hint - Simon Dixon)

4. Ask your network to vote if you want to share some special love.

5. Comment below once done. I wont forget you.

Thanks

Simon Dixon

Category:

People & Blogs

Tags:

• bank to the future
• person to person lending
• p2p lending
• peer to peer lending
• crowdfunding
• alternative finance
• raising finance
• business start up finance
• venture capital
• private equity

[charronfamilyconnect]

Is this like time banking, mutual credit system that leaves out the interest component from the equation, eliminating spiralling exponential debt growth? Afterall, banking should be considered a professional service and not a business so the drive should be to earn professional service fees, and not make money by extending loans created out of thin air termed credit to perpetuity, and if they overextend get bailed out by tax payers. Is this the kind of system your pushing for? Thanks!

[bankingreform]

@charronfamilyconnect It is different to time banking. It combines crowdfunding and peer to peer lending / equity investing. It is different to a bank in the sense that we do not engage in money creation. There is interest to be earned from people who lend to other people though.

Thanks for sharing.

I do a section on time banking in my new book Bank To The Future.

Simon Dixon

[bankingreform]

@charronfamilyconnect Thanks for your support. We are working on several initiatives. I am about to launch the book Bank To The Future and a documentary.

I am working with over 2000 universities to educate the next generation of bankers and Positive Money has many campaigns planned.

It is our time to end Fractional Reserve once and for all.

Thanks for your comment.

Simon Dixon

[etzel33]

A practical application of ideas for common people. Impressive.

[bankingreform]

@etzel33 Thanks for your support.

Simon Dixon

[catmar1944]

Simon have you taken a look at the lawful bank here

h h t p : / / l a w f u l b a n k (dot) c o m / take out the spaces and replace the dot with a fullstop. Maybe if you like it you can join forces.

[bankingreform]

@catmar1944 I will be contacting them at some point. Seems like great synergy there.

Thanks for sharing.

Simon Dixon

[whydidigetdeleted]

From what I have seen on you channel an Positive Money, the idea here is that the saver is a mini dragon in the new system. This is a great idea. How can we get the general problem of fractional reserve banking out to the masses?

TV advertising could be useful in "hacking the Matrix."

The problem is that nowhere in most people's education, they are ever told that the monetary system is based on debt. I studied Physics at the same uni as you, which discovered the nucleus 100 years ago!

[96danda]

Oh hai! Have you thought about the intellitus cash system (search on google)? Ive heard some extraordinary things about it and my cooworker made crazy amounts of money with it.

[itaqbond]

Oh hai! Have you thought about the intellitus cash system (search on google)? Ive heard some extraordinary things about it and my cooworker made crazy amounts of money with it.

[etzel33]

@charronfamilyconnect you're right, the current banking system isn't so much a business as it is a racket, based on fraud (fractional reserve lending). that has to end, no question. Take a look at what Simon is actually proposing and doing here. It's cutting edge stuff IMO.

[charronfamilyconnect]

@etzel33 I mean why is the banking system considered a business when all they do is extend credit(out of thin air), and have the continual incentive to continually extend it as its profitable. If they dont have the real capital then why should they charge interest on an illusion the just results in an inflated bubble of debt. I agree that full reserve banking would be one way around it. I have no problem with that. I just have a problem with this creating money out of nothing nonsense!!

[catmar1944]

@bankingreform Glad to help, you would make a great team, unifying is the right thing to do, it would be fantastic if you can all work together to achieve a system that works for everyone and not just the rich one percent of the worlds population. Thanks for what you do, I'm behind you as I am fed up with being robbed blind.

[etzel33]

@charronfamilyconnect i'm not answering for Simon here, but it seems that a full reserve banking system wouldn't require bailout by taxpayers. Businesses extend credit all the time to their customers, but never beyond their capital (I would hope). I don't see the difference between a professional service fee and a percentage fee (interest)????