Facebook could be the future of money, if it learns to ignore the United States

There is tremendous opportunity for Facebook to go after payments in places like Latin America, Asia and Africa.

Facebook could partner with local businesses as a point of presence. Customers would give their money to a nearby retailer, who would add money to the customer’s Facebook account. People who need cash could come in and take cash from the retailer. Facebook could also work with a local mobile operator, which already has such a retail network network.