Ben Gilbert: commitment

Transcript context

…It's amazing. It leads to things like direct deposit for employees from their employers, transferring money between business to business enterprise applications. This is all great, but as you said, Ben, it still takes three to five days. This is a batch processing system that's grabbing a lot of transaction data, pieces of paper, and pushing it out every few days. Twenty-five years before the Mackintosh I will take it, 35 years after the Mackintosh maybe it's weird that it's still the system. Indeed. Also, for consumer use cases like that, that's not going to work. You want to go out and eat at a restaurant. You're probably still carrying around your banknotes, your green bucks in America, or other paper currency in other countries. People come up with the idea of how can we make that faster? Credit cards. Credit cards started with Diners Club, one of the firsts. And then I didn't realize this until doing the research. Do you know where Visa started? Visa was the first big credit card network.…

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