I'm talking about the "idealized" global banking system in which everyone can see every account's history.
It would definitely be trouble for companies hiding their (lack of) revenues, money launderers, tax evaders etc. but I wonder if it would cause any trouble for "legit" companies. (First thing comes to my mind is employees of the same company could see each others' salaries, so that may be a problem)
Would you be comfortable using a transparent banking system? Would you oppose it, why?
