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I can ping Madagascar from my desktop in California in 368ms, but it takes 72 hours for a U.S. This past spring, Benchmark spent a week in China meeting with the leading Chinese Internet companies. Like Google, Amazon, ebay, and Facebook, the leading Internet companies in China are interested in disrupting payments.
It's easy to be taken in by the idea of the Butterfly Effect : That a butterfly gently flapping its wings in the jungles of Madagascar can indirectly cause a Typhoon off the coast of Jakarta. It's worse on the Internet. Or, updating for modern-day relevancy, Naomi Dunford pounds a curse word into a Wordpress and Brian Clark makes $172.
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