[oceanplexian]

> The US is incredibly insular with how it approaches financial innovation.

Financial innovation is more than debit transactions.

The US has thousands of financial products that don’t exist in Europe, far more widespread access to credit and a better credit scoring system, better fintech (For example it’s pretty trivial to get a competitively priced loan instantly approved online in a matter of minutes). Plus Europeans have absolutely garbage real estate products, most people are holding short term variable rate mortgages. I’m sorry but Id take the US system over that any day.