The Fastest Adopted Technology in History
Both supporters and detractors have recently been likening bitcoin to the internet in 1997. Bitcoin has been growing at an annual rate of 113%, vs the internet’s growth at that time of 63%. Should bitcoin’s adoption slow to that of the internet’s, it would still lead to 1 billion users by 2024 and 4 billion users by 2030.
Author: CoinShares. Read: 1 min
R&D vs Marketing
It’s often said that word of mouth is the best form of advertising. In the case of Tesla and their rapid ascent to the top of the global automobile business, this might be true. After all, the electric vehicle company somehow manages to spend $0 on advertising year after year, despite the fact that marketing is typically a significant expense line item for most other auto manufacturers. On the flip side, Tesla is spending an average of $2,984 per car sold on research and development (R&D)—often triple the amount of other traditional automakers.
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Author: Aran Ali. Read: 5 min.
NFTs that Think
Here’s what investors, operators, and founders can learn about NFTs and intellectual property in this article.
– Traditional talent agencies recognize their potential.
– The IP of NFTs is “thin.”
– The Generalist has a new experiment. Philosophical Foxes are pixels with inner lives.
Author: Mario Gabriele, The Generalist. Read: 10 min.
Sunday Bonus: Sunday Bonus: Where Dreams Come True and Wallets Go Empty
Over time, the price of Disney World tickets has gone up and to the right far more rapidly than the rate of US wages. At this rate, by 2031, the cost of one-day tickets for a family of 4 will run $1k+.
Author: The Hustle.
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