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Rated: ASR · Message Forum · Writing.Com · #102362
Drop your new ideas into the Writing.Com Suggestion Box!
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Jul 6, 2012 at 9:03am
#2412577
Re: Suggestion
by JACE Author IconMail Icon
Hi Gervic. I suppose you know that with an Upgraded membership, one can create his or her own bank using the Group Item, and thereby save any potential user fees that would inenvitably be needed to orchestrate such a bank. I suspect that running such a banking enterprise could be an administrative nightmare if a large number of folks wished anytime access to deposit and withdraw GP funds. Add to that any procedures that would need to be in place to cover disputes, and such.

I actually flirted with making the same suggestion, but couldn't get past the potential administrative needs, and the fact that there's no way to earn interest on one's account, which is one key aspect of banks beyond the security of one's assets.

Still, maybe someone else has an idea to overcome such concerns. *Wink*

Jace
MESSAGE THREAD
Suggestion · 07-06-12 6:33am
by GERVIC Author IconMail Icon
*Star* Re: Suggestion · 07-06-12 9:03am
by JACE Author IconMail Icon
Re: Re: Suggestion · 07-07-12 2:49am
by GERVIC Author IconMail Icon

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