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Crowdfunding or Interest Free Lending?

By Marc DeCastro

I live in the small town of Maynard, Massachusetts. This town was put on the map when Ken Olsen and Digital Equipment Corporation decided to call Maynard home for their global headquarters. Digital is long gone of course, and the town continues to live on without Digital, but what about a bakery or a movie theater? Some recent events in our town using crowdfunding got me thinking about what impact this could have on the banking industry.

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