People sometimes ask us whether Wave uses cryptocurrency or blockchain technology. An important part of the cryptocurrency narrative is that it can help financial inclusion—after all, it’s a way to put your money on a computer, with no legacy banks or regulators acting as gatekeepers. Surely that’s what we need, right? Unfortunately, in reality, cryptocurrency doesn’t address the hard parts of financial inclusion. To see why, let’s look at the different problems that Wave needs to s...| www.wave.com
Before joining Wave four years ago, I spoke to a former employee about his experience. He said something that has stayed in my memory ever since: “Wave is really good at execution, so by working at Wave, you’ll learn how to execute very well.” Now that I’ve been here a while, I thought it would be good to write down what really good execution actually looks like in practice and the counterintuitive lessons I’ve learned along the way.| www.wave.com