The Internet - The first Worldwide Tool of Unification ("The End of History")

" ... Now I give you something that few think about: What do you think the Internet is all about, historically? Citizens of all the countries on Earth can talk to one another without electronic borders. The young people of those nations can all see each other, talk to each other, and express opinions. No matter what the country does to suppress it, they're doing it anyway. They are putting together a network of consciousness, of oneness, a multicultural consciousness. It's here to stay. It's part of the new energy. The young people know it and are leading the way.... "

" ... I gave you a prophecy more than 10 years ago. I told you there would come a day when everyone could talk to everyone and, therefore, there could be no conspiracy. For conspiracy depends on separation and secrecy - something hiding in the dark that only a few know about. Seen the news lately? What is happening? Could it be that there is a new paradigm happening that seems to go against history?... " Read More …. "The End of History"- Nov 20, 2010 (Kryon channelled by Lee Carroll)

"Recalibration of Free Choice"– Mar 3, 2012 (Kryon Channelling by Lee Carroll) - (Subjects: (Old) Souls, Midpoint on 21-12-2012, Shift of Human Consciousness, Black & White vs. Color, 1 - Spirituality (Religions) shifting, Loose a Pope “soon”, 2 - Humans will change react to drama, 3 - Civilizations/Population on Earth, 4 - Alternate energy sources (Geothermal, Tidal (Paddle wheels), Wind), 5 – Financials Institutes/concepts will change (Integrity – Ethical) , 6 - News/Media/TV to change, 7 – Big Pharmaceutical company will collapse “soon”, (Keep people sick), (Integrity – Ethical) 8 – Wars will be over on Earth, Global Unity, … etc.) - (Text version)

“…5 - Integrity That May Surprise…

Have you seen innovation and invention in the past decade that required thinking out of the box of an old reality? Indeed, you have. I can't tell you what's coming, because you haven't thought of it yet! But the potentials of it are looming large. Let me give you an example, Let us say that 20 years ago, you predicted that there would be something called the Internet on a device you don't really have yet using technology that you can't imagine. You will have full libraries, buildings filled with books, in your hand - a worldwide encyclopedia of everything knowable, with the ability to look it up instantly! Not only that, but that look-up service isn't going to cost a penny! You can call friends and see them on a video screen, and it won't cost a penny! No matter how long you use this service and to what depth you use it, the service itself will be free.

Now, anyone listening to you back then would perhaps have said, "Even if we can believe the technological part, which we think is impossible, everything costs something. There has to be a charge for it! Otherwise, how would they stay in business?" The answer is this: With new invention comes new paradigms of business. You don't know what you don't know, so don't decide in advance what you think is coming based on an old energy world. ..."
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

German anti-hate speech group counters Facebook trolls

German anti-hate speech group counters Facebook trolls
Logo No Hate Speech Movement

Bundestag passes law to fine social media companies for not deleting hate speech

Honouring computing’s 1843 visionary, Lady Ada Lovelace. (Design of doodle by Kevin Laughlin)

Sunday, September 29, 2013

Concerns arise as Chinese e-commerce giants foray into banking

Want China Times, Staff Reporter 2013-09-29

Tencent's stock price on the Hong Kong Hang Seng Index, Sept. 16. (Photo/CNS)

The popularity of Alipay — a leading third-party online payment arm of China's e-commerce giant Alibaba Group — shows that Alibaba is able to attract customers, but Alibaba has yet to profit from the venture. Other e-commerce giants have begun to join Alibaba in offering banking services, but insiders wonder if they can be competitive, the Guangzhou-based 21st Century Business Review reports.

Tencent Holdings — China's largest internet company by revenue — is applying for a private bank licence, boosting its market value above US$100 billion and approaching the market value of Facebook. Meanwhile, the share prices of Suning Commerce, a leading home appliance retailer in China, doubled after the regulator approved its application to set up its private bank, Suning Bank.

An insider said that e-commerce giants' penetrating the banking industry is enriching the financial ecosystem, as most people are unsatisfied with the current banking industry, while Alibaba founder Jack Ma said that "If banks don't change, we'll change banks." E-commerce giants can use their huge information flows to complete the transfers of fund flows, Alipay for example collected 50 billion yuan (US$8.2 billion) in just several days. Such moves have shown the power of e-commerce giants, especially their channel value.

However, being a bank is not that easy, the insider said. The most important function of the banking industry is to solicit depositors and lenders, as well as the risk exposure in the course of the interest rate spread. The challenge for Alibaba and other e-commerce giants in becoming a bank is how to efficiently lend out the money they obtain. Alibaba is likely to lend the money to small clients on its e-commerce platform Taobao, but their lending costs will be higher than the average standard of banks.

So far there is also no evidence to prove that e-commerce giants such as Alibaba can obtain funds with very low costs. If Alibaba really establishes its network bank, one of the first questions will be how it will establish its own risk capability.

The four major banks are guaranteed by Beijing. Although the government has yet to implement the "deposit insurance system," the general public can be reassured that the banks will not go bankrupt, but the same cannot be said for e-commerce banks, the paper said.

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