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Jesses
@jessesung
The financial system is dead. It's too inefficient. The fact that it is the most profitable sector of all sectors also means that it is, conversely, a very stagnant sector. 1. Why won't this change? Because through oligopolies and regulation, legacy financial institutions keep new competitors at bay.
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Jesses
@jessesung
2. Due to numerous regulations and legacies, the financial industry has become fragmented, sick, and highly inefficient. You know how inconvenient it is to exchange currency and make payments when traveling abroad or how inconvenient it is to do real estate transactions abroad.
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danimaple🎩🍄
@danimaple
Totally agree !! :)
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