The case for Ether

First bricks of new house. Brick wall foundation isolated 3l illustration

Sometimes we tend to deny obvious things. Like this one – Bitcoin would be the Gold of the future, and Ether would be the oil.

While there are alternative stores of value, Gold has been the most preferred in today’s world, and Bitcoin would be the most preferred in the future.

While there are alternative energies that exist today, oil is, well, oil. While there can be alternative networks and their corresponding ‘fuel’ currencies to run the networks of the future, Ethereum would be the most preferred P2P network, and hence Ether would be the most popular ‘fuel’.

Bitcoin would be the Gold and Ether the oil of the P2P future that we are all moving towards. It is actually as simple as that.

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Microsoft’s Surface Hub Is A Billion Dollar Business

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Netflix is the top grossing iPhone app in the US

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100 million students worldwide will learn to code this week

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The most instagrammed property of 2016: Disney Parks

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SoftBank’s India Investments to top $10 billion in 10 years

We spotted this stat today:

“Japanese telecom and media group SoftBank’s investments in India will top $10 billion in 10 years, the company’s chairman Masayoshi Son said on Friday.

“I am going to surpass my commitment,” Son told the Hindustan Times Leadership Summit in New Delhi, referring to an earlier $10 billion commitment.

He said SoftBank had already invested $2 billion in India.”

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17.24% of Top-Voted Reddit Comments Were Also The 1st

We spotted this stat today:


What Percent of the Top-Voted Comments in Reddit Threads Were Also 1st Comment?

The answer is 17.24% of all top-voted comments! That’s certainly more than what I expected! Additionally, 56% of the top-voted comments were posted within the first 5 comments, and 77% within the first 10 comments. The chart follows a power-law distribution.”

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44 Percent of Americans Get Their News From Facebook

Talll, Filll and Culll? Forget it. We spotted this stat today:

“Forty-four percent of Americans get their news from Facebook, according to the Pew Research Center, filling a void left by the declining ranks of newspapers. By comparison, only 2 in 10 U.S. adults get news from print newspapers today”

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81% Startup Devs Release Software Before It Is Ready

We spotted this stat today:

“GitLab has released the outcomes of a survey they conducted among software professionals from 362 startups from July 6 through July 27. Main highlights are developers’ preference for using latest tools and more collaboration; security is high-priority, but 81 percent admitted to releasing software before it’s ready.”

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Will Incentives Kill The P2P Revolution?

The improving maturity of Blockchain technologies is a clear signal that a decentralized world is happening, and is happening much faster than what many of us thought. A P2P revolution is definitely on its way. Everything is in place – the devices, the technology, the regulatory environment (more or less) except .. incentives.

The economics of the P2P revolution have some big unanswered questions. Take Arcade City Vs Uber. The ICO concept makes sense – but it is not the “Initial” that matters, but the “Ongoing”. Who pays for maintenance and enhancement of these P2P apps running on the blockchain? For the revolution to play out, the apps on the blockchain need to compete, feature by feature, with the hubs. Particularly since end users wouldn’t care if the app is P2P or a hub. Price might win some of these battles, but not all. And what about the ecosystem? Who would build apps for the Arcade City API and why?

Will a lack of incentives kill the great P2P revolution even before it is born?

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