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Unethical banks fund barcoded savings coins for children

Anthropologist Catherine Dolan says that at birth, every child should be given a special hi-tech one dollar coin which they could do with as they please but which would also automatically give them a working bank account when they reach 18. The barcode and a sample of the child’s DNA embedded in the coin would ensure that only the child could operate the account and it would also remove the many barriers which the poorest everywhere face because they cannot open a bank account. It would be funded by fines on misbehaving private banks reminding them that ethics matters.

on the BBC World Service

By admin
Published on January 31, 2013

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