LETTER: Even the word ‘banking’ will fall out of use
In the metaverse, money will be defined by the nature of transactions
23 February 2022 - 13:24
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However, he will discover that in the metaverse, where money will be defined by the nature of transactions, “banking” and “financial services” are phrases he rarely will need to use.
Mpho Tjabane, Via email
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
LETTER: Even the word ‘banking’ will fall out of use
In the metaverse, money will be defined by the nature of transactions
Johan Steyn anticipates a “world of metabanking ... where I do not go to the bank, but the bank comes to me” (“Metabanking: From visiting a branch to brain-computer transactions”, February 22).
However, he will discover that in the metaverse, where money will be defined by the nature of transactions, “banking” and “financial services” are phrases he rarely will need to use.
Mpho Tjabane, Via email
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
JOHAN STEYN: Metabanking: From visiting a branch to brain-computer transactions
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