I am optimistic about the pace of innovation in financial services, and importantly, much of what we've wanted for decades *is already happening.*
This is often underappreciated, so I covered it for the second issue of Bits about Money.
bam.kalzumeus.com/archive/financ…
This is often underappreciated, so I covered it for the second issue of Bits about Money.
bam.kalzumeus.com/archive/financ…
One of the reasons this is undercovered, by the way, is that there is a huge difference between the socioeconomic position of the financial commentariat the challenges (and solutions) faced by e.g. Americans at the 20th percentile in income.
Sometimes this causes people to underappreciate how difficult life is when one doesn't have a job in tech. That factor is well-appreciated. Less well appreciated is that it causes people to underappreciate how towering an achievement e.g. Cash App is.
Maybe I should wax poetic about Cash App someday, though I suppose my counterparts in Square's comms department might get a little weirded out by that.
Every time interfamily transfers avoid two trips to Western Union and a $10 fee the world gets a tiny bit better.
Every time interfamily transfers avoid two trips to Western Union and a $10 fee the world gets a tiny bit better.
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