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Facebook To Be 'Biggest Bank' By 2015

Posted by CmdrTaco on from the farmville-for-real-bucks dept.

angry tapir writes "The explosion of social networking commerce will lead to the unlikely candidate of Facebook becoming the world's biggest bank by the middle of the decade, according to a technology observer and entrepreneur. People who don't have a Facebook account should get one or risk having a financial profile created for them says founder and president of Metal International, Ken Rutkowski."

1 of 301 comments (clear)

  1. FUD, Bullshit, and lies .... by gstoddart · · Score: 5, Insightful

    I find this article to be somewhat lacking on credibility.

    This is some guy who claims to have invented "Web 3.0" telling us that traditional banks will be creating Facebook profiles on our behalf to track our credit rating? Based on what?

    âoeWhy is its important to have a profile? They are going to start using that to determine what your credit worthiness is.â

    âoeBy the way, if you donâ(TM)t have a profile they will make one for you so itâ(TM)s better for you to create it and manage it then them. Thatâ(TM)s why you want to be selective with what you put on there. If you have kids that are being idiots online make sure you stop them right away as they are creating a pretty negative profile long term and it happens often.â

    This is some marketing idiot who is trying to push an idea.

    I'm sorry, but this stupid article doesn't do anything to make me want to get a *(&%^&*$^ Facebook account. In fact, it reinforces the perception that Facebook is overhyped, with everybody thinking it's the most significant thing to ever happen.

    Biggest bank by 2015? Mandatory Facebook accounts? What drivel. Someone needs to give this guys a smack.

    --
    Lost at C:>. Found at C.