Enjoy one of our latest articles appearing on Medium:

https://medium.com/@primeex.perpetual2017/why-the-prime-ex-perpetual-real-estate-ecosystem-is-a-better-way-forward-59e70c0be028

Why the Prime-Ex Perpetual Real Estate Ecosystem is a Better Way Forward |  What is a Bank Supposed to Be?

Banks were supposed to be simple. Banks were to be a place where people could take their money, deposit it for safe storage, and the bank would put it to good use in loaning deposits to the community for building projects and other needs within the community. Sounds simple enough, right? Who could argue with that?

Banks were supposed to be a public service that served a necessary community function. Even today most bank charters still state that the business of the bank is to serve the needs of the community. If this were the reality then cryptocurrencies would have been created inside of the bank model instead of as a valid and even superior alternative. People know intuitively that something is wrong with the banking model, that banks aren’t their friend. However, what other alternative has there been until now?

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