Tekelala

The Supplier Differentiation SpectrumConsider the six companies I mentioned above: Facebook, Google, Amazon, Netflix, Apple, and Microsoft.The degree of differentiation of tech company suppliers variesThese companies exist on a spectrum in terms of supplier differentiation (and, by extension, supplier power):Facebook has commoditized suppliers more... See more

Long-time readers know that I already summed up this phenomenon in Aggregation Theory, but in some respects I think my chosen name does this idea injustice: the word “theory” sounds abstract and disconnected from the real world, when in fact the elements of Aggregation Theory are not only very much real phenomena but also the connective tissue... See more

The structure of tokens can be classified into:Layer 1 TokensThese types of tokens are native to a particular blockchain and are used to power all of the services in the blockchain. The BNB on Binance Chain is an example of the Layer I token in cryptocurrencies. Ether or ETH on the Ethereum network is another well-known example of a Layer 1 token... See more

The platform modelThe platform model is somewhat of an anomaly in this list since it is essentially a scale play. However, it is likely to be an enduring model since:1/ it is underpinned by strong network effects in a way that the universal banking model isn’t;2/ it is often executed as part of an unscaled holding company strategy (see later);... See more

In Part Two, I will be exploring his continued work on public key cryptography and his research on the need for anonymous communications, payments and decentralised services. His ideas would go on to seed the movement of cypherpunks, the movement that would go on to create TOR, Bit Torrent, Wikileaks and of course: Bitcoin.What is decentralized?... See more

Bloomberg Intelligence believes the market opportunity for the Metaverse can reach $800 billionby 2024