I understand that people don’t like cryptocurrency. I understand why people want financial services to be safe and regulated. I really, really do.

What I don’t understand is why people think the existing financial services industry is perfect and should be sheltered from all technical innovation.

In related news: the US ACH settlement system can’t process “same day payments” on weekends. It’s 2023. Why is everybody totally ok with this?
@matthew_d_green Go ask the "Bits About Money" guy. He probably knows.