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While this has largely held true, they don’t have a lower cost of capital, which is critical to a banks revenue potential under their existing business models. As some of these companies are looking to go public there will be enhanced scrutiny on monetization which, we believe requires innovation on the business model to a subscription model.

Shirt.com pays Swaypay $5

Before I move on, I want to spend a minute on exactly what Cathie Wood said: technology will prove deflationary, and its positive impact on productivity will contribute to a jump in GDP. But GDP is the product of the number of hours worked times labor productivity per hour. Thus, if technology produces a big increase in output per hour worked, GDP ... See more

When physical and digital spaces place people in the co-creator role, healthcare moves from “Terms of Service” to “Terms of Serve-Us.” As my friend Aaron Lewis says, empowering people to create their own medicine.

Today, top creators are rewarded with inefficient virtual currencies (e.g., likes/follows) and cash from a centralized platform. In the future, creators will build a new form of status through these community-driven NFTs which they own through their private key and can directly redeem for money.