It's a hard question to answer because in some ways, bitcoin is representative of the classic sci-fi phrase, "prepare to jump to hyperspace." It's hard to say which business would benefit most from a transition to hyperspace. Maybe ironically, the business which would benefit most would be Berkshire Hathaway.
With bitcoin, businesses become unmoored from their hub-and-spoke modalities whereby the inefficiency of centralization is written into the cost of growth. It is the Sysiphean effort of growing market share despite the inefficient business models which naturally form which I think bitcoin can mitigate by relieving the burden of accountability from the infrastructure of the organization. When the organization is no longer subsumed with the process of monitoring its own accountability, it can be re-focused onto the tasks for which it was formed in the first place.
No business ever develops with the sole plan to monitor and account for its own development. The immutability and interoperability of bitcoin enables legacy businesses to re-align their purpose through the equivalent of a mid-life crisis.
In my opinion, even without bitcoin being central to their business model, it's been Amazon who's been most successful at doing this. Amazon remains focused on the original purpose for its being a business at all, and in some ways, it's Amazon's need for efficiency that is forcing so many legacy businesses to either re-prioritize or to go the way of the buffalo.
Also, if you need people at Unbounded Capital, I'm looking to involve myself more deeply in bitcoin. Thanks.
It's a hard question to answer because in some ways, bitcoin is representative of the classic sci-fi phrase, "prepare to jump to hyperspace." It's hard to say which business would benefit most from a transition to hyperspace. Maybe ironically, the business which would benefit most would be Berkshire Hathaway.
With bitcoin, businesses become unmoored from their hub-and-spoke modalities whereby the inefficiency of centralization is written into the cost of growth. It is the Sysiphean effort of growing market share despite the inefficient business models which naturally form which I think bitcoin can mitigate by relieving the burden of accountability from the infrastructure of the organization. When the organization is no longer subsumed with the process of monitoring its own accountability, it can be re-focused onto the tasks for which it was formed in the first place.
No business ever develops with the sole plan to monitor and account for its own development. The immutability and interoperability of bitcoin enables legacy businesses to re-align their purpose through the equivalent of a mid-life crisis.
In my opinion, even without bitcoin being central to their business model, it's been Amazon who's been most successful at doing this. Amazon remains focused on the original purpose for its being a business at all, and in some ways, it's Amazon's need for efficiency that is forcing so many legacy businesses to either re-prioritize or to go the way of the buffalo.
Also, if you need people at Unbounded Capital, I'm looking to involve myself more deeply in bitcoin. Thanks.