Re:Wirecard is 'beyond salvageable,' according to analyst
by duskwuff on Sunday June 28, 2020 @07:27PM
(#23672857)
> Electricity, the light bulb, the automobile, the washing machine, the air conditioner, the personal computer, etc etc.
All of these inventions involved a real, tangible, desirable product, and they were successful because real people were willing to pay their inventors real money for them.
Increasingly, it appears that Wirecard was none of these things. A payment services company is not some sort of masterpiece of innovation, and one which was built on a foundation of financial fraud clearly does not have any net value to humanity.
> Clearly there was nothing stopping humanity from discovering these things 1000 years ago.
Of course there was. Technology does not exist in a vacuum.
All of these inventions involved a real, tangible, desirable product, and they were successful because real people were willing to pay their inventors real money for them.
Increasingly, it appears that Wirecard was none of these things. A payment services company is not some sort of masterpiece of innovation, and one which was built on a foundation of financial fraud clearly does not have any net value to humanity.
> Clearly there was nothing stopping humanity from discovering these things 1000 years ago.
Of course there was. Technology does not exist in a vacuum.