> I really don't see a problem here. I do: it prevents innovation. People should be allowed to run an unlicensed banking service, and customers should be allow

> I really don't see a problem here. I do: it prevents innovation. People should be allowed to run an unlicensed banking service, and customers should be allowed to accept the risks that go with it (by all means, require customers to sign a form saying they understand it's an unlicensed service and they could lose all their money.)