The goal of this new startup is to make bank accounts obsolete

[midnight rambler]

I wonder who's behind this.


Abra is just as anonymous as cash. Other than a phone number, no data is collected.

Sure.

http://money.cnn.com/2015/06/08/technology/abra-bank/index.html?iid=ob_homepage_tech_pool&iid=obnetwork

[Hitch]

"In a hyper-connected world, it is astounding to me that you can't pick up the phone and instantly send money to any other phone number in the world," said Abra founder Bill Barhydt, a former software engineer for Goldman Sachs

Yeah, I wonder who's behind that.

[mick silver]

anonymous

my ass

[Shami-Amourae]

How does this remove the bank? Did I miss something?

[midnight rambler]

How does this remove the bank? Did I miss something?

It's the illusion of removing the bank.