Fifty years ago wealth was stored and transmitted physically through gold bars, stock certificates, bank notes, and coins.
For every one of our failures, we had spreadsheets that looked awesome
We're still in the first minutes of the first day of the Internet revolution.
The changing nature of money is only one facet of the financial services revolution.
So I think instead of focusing on the competition, focus on the customer.
Be dramatically willing to focus on the customer at all costs, even at the cost of obsoleting your own stuff.