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Banks are already free to innovate. There are just no incentives for them to do so, especially if it supports small retail customers. This very same symptom ca
by manuelabeledo 5y ago
Banks are already free to innovate. There are just no incentives for them to do so, especially if it supports small retail customers.
This very same symptom can be seen in US and Canadian ISPs: there is just not enough money in certain markets for them to compete against each other, and they don't, so the government should definitely step in.
- sergiomattei 5y agoYeah, it’s a market problem. We disagree on the solution but agree with the problem: there is no incentive to innovate. Perhaps the government stepping in is better for the societal “greater good”, I’ll have to think about this and come to a personal conclusion.