Thinking more about banking…. I’ll work with the team and see if we want to take this seriously yet. Because it would need to spread by word of mouth, and the goals and procedures fully transparent because conservatives are a paranoid bunch and our organization has to avoid whacky controversy. This is my only concern. Not the cancel-crowd, but the nutcase fringe on the right.
We have the knowledge. But do we have the people to administer it until sufficient capital is accumulated to launch the bank. And the bank would run almost entirely on credit, debit card, BTC and check processing, and only operate online.
We have looked at acquiring a bank to simplify all the paperwork (there are many available now, and there will be a lot more in the near future) but I see that as a phase II. I’m relatively sure we only want a virtual presence to start because we want to eliminate unnecessary overhead costs.
cc: @ThruTheHayes @bryanbrey @WerrellBradley
Reply addressees: @quasiantipodean