Let’s stop exchanges going the same way as the Jitney
I’ve just been watching a TED talk and the story about the Jitney bus. It follows on with other peer to peer talks. Watch it here: –
It’s similar to a story I told about horseless carriages to an MP a few years ago. People tend to see innovations as a threat and not an opportunity. That is until such time as more liberal regime pops up and destroys them! Establised systems need not worry about cannibalising their own customers, more nimble, hungry competitors will do that nicely thanks.
I further illustrated the point by asking for a pen and then asking the individual why they were not using stone tablet.
Let’s face it, betting exchanges, whatever angle you come from; are a far better way of betting. Losers, lose much less on an exchange and not only that, it’s not to a corporation who will dissuade you from winning. You can win on an exchange. It’s a much better solution.
Tell people about it!
Category: General
