To Cathie, crypto represents the innovation that was missing from the internet, namely native payments. Bitcoin is an open monetary system that is rules-based, a much needed innovation in today’s world
The social internet will look a lot like the shopping mall of the 1990s. Is the shopping mall a social hangout or a place to transact? It's both. The social internet will make it natural to pay and play in the same place.
1/ Thread: $AMZN bear case from an $AMZN bull
I am long $AMZN. I have a separate thread in which I detailed why I am bullish.
But every stock has its bear case.
This thread is an attempt to lay out the bear case. Let's begin.