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MasterCard and Visa as long as keep their moat, they don't need to innovate. Big companies like that will not innovate enough to make fees low. Yearly operating expenses of VISA as a company is nearly $10B with a net income of almost $15B. Not hard to make the math how fees just make the income and moat bigger.

Yes and make sense but I heard crypto and blockchain as a tech and all is just useless. Solves nothing. Top CEO and his team can't see after a decade, but here most HN sees that, right? Such a great place for knowledge and information here. I'm glad I don't fall into this CEO and future lies.

Comments here are hilarious, while Visa is testing Ethereum network and Stripe, Paypal etc took a decade to use it.

They don't understand the potential, they just repeat same info for years.

I think looking at Blue Origin and comparing the achievements since founding is a clear difference in the leading between both? Bezos has not less capital or PR. But Blue Origin is almost forgetten to irrelevance at this point.

Bitcoin/crypto is almost dead for 259259529th time? So usefull word salad, thanks.

All details and Fin. Engineering are just a more sophisticated scam to dump on public investors. There I said it. Sure someone can explain why not that in a long text but IMO that is not the truth.

lets not talk about how he lead the electric car revolution, that's just a huge positive thing.

Just my guess, I think his mind has some deep delusions because of drugs he is using and maybe more.

To a certain point, he got special treatment like almost no other in recent memory. From top people/investors too.

Thanks for the sum up, so it's just a clickbait.

Universe and dark matter obv.

Price discovery?

Or they could fund the war on Afganistan for few days/week? I like how nobody mentions real trillions lost there for no REAL REASON. Not even counting casualties.

Let's just keep being irrational. We are just writing comments, not sharing real information.

Modern money doesn't equal to importance of work or amount of experience or how much avg. people understand about low interest etc.

Here is your reality check, more fair society would only possible without monetary policies dictated by banks, top rich and powerful. They and their smart people/companies are only in the society to take more cut from you workers, globally. What you say is just utopia, and IMPOSSIBLE.

Btw I like reading fairy tales as a comments here.

Here it's simplify explained (not serious obv) https://www.youtube.com/watch?v=2sEbe9gveN4

Public majority have no way of understanding anything important. Even it's good for their health or wealth etc. So many historical example out there.

Tbh I'm tired, even I or someone else explain it, I don't think it will change the decade old bias here. Any bad/misinformation filled crypto article gets lots of upvotes. Then with time stripe/paypal/visa etc. starts using and offers to business to accept it. After years, nobody think why they so late, why they offer now etc. So no point to prove any information to public here. Again it's ponzi, right? Simple. Just ponzi. Yet blocks are being mined without any interruption for more than a decade.

It's funny how fast and well life expectancy improved in that era. Sure sperms are getting less in numbers but at least people don't follow sceptics with narrow mind for centuries so we actually see improvements. Sorry but, people with this mindset would still make us live in caves, literally.

How else are they going to advertise for shitcoin (shib) in their App name in Apple store? App in their website can't do that.

Yes and recent years they're great traders anyway. High ROI then many funds and market avg. Great people

I agree and IMO Google is the new Yahoo, just a lot bigger. So we all need new search engine, again?

I love how we still read about predictions from few people on such a complex thing. How often economist or experts were be able to predict future accurately? not often.

I see what team Bezos is trying to do with these unoffical leaks/details :)

Somehow I think they will be specially focusing on twitter more

Market lacks the understanding of most of the new tech. It's been like that for decades. Apple stock is a great example, some of them tried to bankrupt Tesla with shorting and uber (as a bad) and many other new tech IPOs. I think it's all because of many old fund managers with double digit B. or more funds, lack of understanding many details about todays web tech.

Seriously, where is the real product for that money? How did they spend that much?

all about power

Insects are disgusting if we and nature could live without them, that would be amazing.

Yes and getting that or any book was so hard or impossible for the most of the worlds population. So much privilege, but let's compare wrongly that era to AI generated content era

Imagine listening or taking business advices from a writer in "businessinsider", it would be so funny.

There was a time some other journalist said buying Instagram at 1 billion was overvalued or something, maybe bit similiar.

I think that an uber are more like a public service now, lol. So whoever invests in them long term doing the public service and not expecting real good returns.