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.
We're still in the first minutes of the first day of the Internet revolution.
Fifty years ago wealth was stored and transmitted physically through gold bars, stock certificates, bank notes, and coins.
Today more people believe in UFOs than believe that Social Security will take care of their retirement.
Thirty to 40 years ago, most financial decisions were fairly simple.