01 May 2023

Quote of the Day

When You Hear “Fintech,” Think “Unlicensed Bank”
“…with a Computer.”
Cory Doctorow

When one looks at "Fintech", or WeWork, or Uber, or DoorDash, it all seems to be little more than a way to cheat customers, or investors, or advertisers.

If we actually enforced the fraud laws against many tech unicorns, and many wannabee unicorns, and the VC firms that conspire with them, there would be a lot of people in jail, and a lot less inequality in the world.

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