I definitely hope we can get rid of the rent seekers. Those cable companies, car sellers and other organization only serve to extract as much money as they can. However I can't see the government going to let this happen easily. The reason why is taxes and without these jobs, they will be receiving less taxes from the business and also the unemployment situation.

The virtual situation will be able to solve some of these issues but I doubt banks will ever disappear. Unfortunately people like the comfort of someone trustable acting to store you value and make transferring money easier. They may play less of a role and some people may opt for these fee-less transactions.

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