Reliable source of startup ideas: reduce the gap between ideas and money. In this sense, AWS and Stripe are in the same business.
Show this thread
One of the biggest differences between now and the past is how rapidly ideas become money. Now ideas can become money as soon as you put them on a server and set up credit card processing. (And cryptocurrency may soon eliminate the second step.)
-
-
-
Warning: The decreasing gap between ideas and money is one of the main reasons for increasing economic inequality. People's ideas vary dramatically in value. So the more direct the connection between ideas and money, the more inequality you'll see.
Show this thread -
I personally think this is, if not good, at least inevitable. Ideas and money want to find each other, and as a result the gap between them has closed inexorably over time.
Show this thread
End of conversation
New conversation -
-
-
@Ripple made a smart move last year. They introduced a protocol with the W3 that is now a native Javascript object in any browser where you can connect to the Ripple API and collect payments. 1 line of code and you are accepting money for your service without a companyThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Legaltech + cryptocurrency will mean instantaneous setup of fully-functioning corporations. Should be no harder than launching an EC2 instance on Amazon
-
Instantaneous responsive contracts still means people have to buy into them to do what? Seems a more difficult thing to do than setting up an api on a server
- Show replies
New conversation -
-
-
Next level: don't even run a server, just open source the code. Satoshi is probably the first human ever that become a billionaire *not* by running a corporation or a movement but merely by sharing a bunch of code on the Internet.
-
Richard stallman?
- Show replies
New conversation -
-
-
I am very happy that you noticed, and tweeted this. This is golden and I hope that VC's pay attention to this.
-
Actually not just VCs but entrepreneur's equally.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.