Part 8/12:
Andreas anticipates objections from traditional banking and payment networks, describing them as gatekeepers who cling to control and old notions of "quality" rooted in their monopoly over the medium. They confuse the cost of maintaining their infrastructure with the value of the service, maintaining that their historical dominance confers legitimacy.
He criticizes their resistance to change, labeling their stance as elitism and grandstanding, refusing to recognize that the broader access and lower costs of emerging technologies elevate the entire spectrum of "messages"—from trivial to significant.