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>Breaking the Visa monopoly, OTOH... Musk has consistently pushed his companies into higher risk acceptance and financed those moon-shots to deliver a product
by hmmm-i-wonder 2y ago
>Breaking the Visa monopoly, OTOH...
Musk has consistently pushed his companies into higher risk acceptance and financed those moon-shots to deliver a product that had a demand but not a supply (reusable rockets, electric cars, low-orbit internet satellite network). Also the tunnel thing, neuralink, and a handful of other smaller and less successful gambits.
I don't see him having the same benefits tackling financial transactions. There are already multiple players with significant regulatory capture, significant centralization, on top of established reputations.