1/ Why is “Buy Now, Pay Later” (BNPL) an early threat to trillions of dollars of market cap - Visa (almost $500B), MasterCard ($350B), card issuing banks, acquiring banks/services (Fiserv, FIS, Global Payments, etc)?
Online, we are lost in a sea of ourselves. A sea that goes on and on, without apparent purpose.
At DAO Masters, we instituted an Appeals Process, whereby anyone who was unhappy with how many GIVE tokens they had been allocated could state why. One member chose this option for themselves and also raised an appeal on another’s behalf. We discussed this appeal within DAO Masters and put a revised compensation plan to a Snapshot vote, which passe... See more
The best business model pre-internet was to charge for content. In the internet age, I think the rest of the world will become more like video games — give away the base layer, and let the internet do its thing, supercharging viral marketing to monetize the complement.
The internet of information enabled computers to send information anywhere in the world. This radically changed anything in society that relies on information (entertainment, media, politics, social media). The internet of finance enables computers to send value across a computer network. This could radically change anything in society that relies ... See more
If the pre-internet/web1 era favored publishers, and the web2 era favored the platforms, the next generation of innovations—collectively known as web3—is all about tilting the scales of power and ownership back toward creators and users.
We are all self-absorbed, locked in our own worlds. It is a therapeutic and liberating experience to be drawn outside ourselves and into the world of another.