> of most economic value creation. As Schumpeter observed, value creation is accompanied by creative destruction, and right now it looks like we're in the "cre

> of most economic value creation. As Schumpeter observed, value creation is accompanied by creative destruction, and right now it looks like we're in the "creative destruction" phase when it comes to fintech. It was one thing when in the early 2000s creative destruction was involving entities like pets.com, no-one was really hurt by those companies going down, but it's another thing when the company going down might hold your "savings" or owe you money as a SME, like Revolut or Klarna.