Fintech, like any form of technology, can change overnight, or seemingly so. How many landfills-worth of Betamaxes are still out there, very slowly rusting away? For that matter, how many VHS and DVD players are rotting along with them, as streaming and cloud storage have come to dominate video and audio?
The difference, of course, is that all that media chiefly concerns entertainment. Assuredly a big business, but fintech concerns the nation’s financial system in all its forms.
