Technocrats, Fintech corps and banks - [MONEY]
Zenaan Harkness
zen at freedbms.net
Thu Dec 5 15:44:01 PST 2019
Fintech Bubble Implodes And Nobody Even Noticed
https://www.zerohedge.com/markets/fintech-bubble-implodes-and-nobody-even-noticed
...
FT makes an intriguing point that the "problem for fintechs is
that anything they can do; traditional banks can copy, and can
throw more resources at."
...
> We tend almost ubiquitously to being technocrats, presuming our
> wonderful system
> - social system
> - non-system system
> - computer crypto overlay funk
> - digital next gen fiat 2 point 0
> - AP or any other system etc
> will somehow, if instituded widely and in short order, somehow
> magically cause existing present-day humans to live in freedom, free
> of fear, and allowing one another (our neighbours) to be in peace.
> This is a fallacy of the first order no less!
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