"Basically, we were in a race to develop new anti-fraud techniques and they were in a race to develop new ways to steal money. The by-product of it was all our competitors got wiped out because as the Russian mobsters got better and better, they got better and better at destroying all of our competitors." - Max Levchin on the history of Paypal.
Those who don't learn from history are doomed to repeat it.
Those who don't learn from history are doomed to repeat it.