Patrick Collison: belief

Transcript context

…Does that look like being a better interface for all these complexities and glossing them over under the seven lines of code? Or does that look like replacing the rails and the infrastructure to make all this more efficient and effective? The former. It's not that useful to build financial ecosystems, that are self-contained. A financial island is not that helpful. It's much more valuable to build a financial, this is mixing metaphors, but a financial "air network". We would much prefer that Stripe plugged into every existing system, rail, domestic organization, rather than that we tried to come along and supplant them. And this has been Stripe's strategy very deliberately from the beginning, where there were lots of companies, when Stripe started out, that were trying to do their own thing and go their own way, whereas our belief was: you get these classic Metcalfe's law stuff — by enhancing the capabilities of an existing ecosystem, you create quite a bit more value. OK, let's go back to Stripe. Is Stripe a writing culture for the benefit of the writer or the reader?…

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