Business Lessons from Rice Paddy Cultivators, Rubber Planter Entrepreneurs and Backwater Capitalists
#Planters #Traders #Bankers
Kerala is a bizarre anomaly among developing nations, a place that offers real hope for the future of the Third World. Consider: This small state in India, though not much larger than Maryland, has…
Meme token or the 1st #DogeCoin was a Bitcoin fork inspired from the #ShibaInuMeme made in 2013. It didn’t have the fixed supply of Bitcoin and worked in a deflation based Proof of Work mining with the rewards in billions of $DOGE.
Such dog-themed meme tokens have taken off recently…
#Bitcoin #Energy #Airport #Solar #Mining
For context, it is easier to make case for a privately held public utility to explore Bitcoin than it is to make case for Kerala State. Eventually states will be able to adopt but to make things simpler we are using CIAL as an example.
Banking is a government sanctioned oligopoly. Just few banks represent bulk of the Indian banking market, holding few trillion dollars in assets. A huge regulatory moat limits competition.
As a result banking is obscenely profitable. Most banks - and especially the big ones - have bloated cost structures yet consistently…
#Internet #Money #Data #Blockchain
Why we need Bitcoin and Blockchain
Blockchain is the underlying technology in Cryptocurrencies like Bitcoin, Ethereum, Stellar and we are now finding many other use cases that require trustless system. …
The view was like something out of a science fiction movie. A veritable forest of massive cranes, spanning as far as the eye could see, each one attending to futuristic monsters of concrete and steel, rising up toward the heavens like fi ngers reaching for God. Lush greenery interspersed with sweeping glades of sand, man-made fountains and waterfalls and beaches mingling with twenty-fi rst-century roads, bridges, and tunnels. Camels on dirt paths just twenty yards from Ferraris on superhighways, Arabic men and women in traditional robes and burkas strolling past Europeans in Armani suits and the latest fashions of the Parisian runways. London was cosmopolitan; this was simply another planet altogether
“Intellect and love are made of two different materials. Intellect ties people in knots and risks nothing, but love dissolves all tangles and risks everything. Intellect is always cautious and advises, “Beware too much ecstasy,” whereas Love says, “Oh never mind. Take the plunge!” Intellect does not easily break down, whereas love can effortlessly reduce itself to rubble. But treasures are hidden amongst ruins. A broken heart hides treasure.
$inmdb — libra.org
March 31, 2012.
Tipping Point / Dream Book
The tipping point for web 1.0 was microsoft and windows. Because billgates saw that everyone will want to have a computer and then worked to make it that cheap.