When we were implementing the first mobile apps on the mobile phone(Nokia) for Vodafone in Australia, everyone said "this is crazy, who will use the this? Stocks traded on the mobile? Texts? Emails? Games? Absurd." And look where we are.
Fintechs are the new disruptive technology and most of us don't understand how it is going to impact us. It takes a person who can read the future and have the guts to take the risk and create where the world will follow.
Peer to Peer settlements will remove the ability for equity trading firms to defraud the market. It will be a great day for the retail investor when that happens.
These are the reasons I support John Karantzis. A risk? I relish in it - it is my middle name.
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