And that is precisely why market architecture will continue to evolve - driven by increasingly direct connections - to a dis-intermediated model within a partnership framework.

In fact, the evolution of 'for profit' transaction intermediaries to service provision is ongoing, because capital requirements are thereby minimised. Moreover, a partnership framework is inherently co-operative, and within such a framework there is no profit and no loss.

"The future is already here -- it's just not very evenly distributed" William Gibson