Right, which is why "enterprise blockchain" generally means a bunch of people fumbling around with Ethereum/Solidity, failing to build anything more secure than a read-only SQL database, and inheriting all the bad characteristics of Bitcoin
Is there a word for "Creating a solution for a problem that doesn't exist?" The descriptive linguist in me thinks we can start calling that a blockchain.
I'm not sold on the ledger-as-single-source-of-truth notion either. Blockchain is a solid technological choice for critical transactions that need to stand up to independent verification, but it's certainly not the only one. If it makes enough of a difference to turn these markets digital faster, I'm happy.
What I like is this notion that there are still huge, opaque markets that are extremely costly to take part in. And that tech can whittle them down to be very fast, cheap and easy to participate in.
We pay inefficiency and arbitrage taxes on everything we produce and consume. How many cents out of a dollar I spend on bread go to someone whose only value in the process is manning a phone or providing working capital? The sooner those two go away, the better.
> We pay inefficiency and arbitrage taxes on everything we produce and consume. How many cents out of a dollar I spend on bread go to someone whose only value in the process is manning a phone or providing working capital? The sooner those two go away, the better.
Those inefficiency and arbitrage taxes will then be replaced with social security / ubi taxes, as fewer people are needed in the workforce.
Which is probably a good thing, but don't think that you're going to see any substantial savings in the cost of your goods. If it doesn't go in taxation (because it's a unique thing to a few companies), it'll just be additional profit capture for those at the top.
There is an amount of life fulfillment that comes from working, and many would likely start having mental health issues (as we are seeing with the Covid lockdowns)
Several people I’ve spoken to are in lockdown and still working 10 hour days. They’re definitely less happy than the ones that are receiving up to 80% pay to not work. Their work does not fill their lives with meaning or purpose, and instead prevents them from being able to actually spend their days as they please, as they remain confined to the 8am-6pm work schedule.
“Who wants a stylus?” Jobs asked then. “Nobody wants a stylus”
The stylus is great in the right app(Procreate/Notion/Notability...) and holds more potential
So:
1. Visionaries also have their blindspots
2. Ergo, App developers are a major part of what makes Apple great (FB etc moved away from this)
3. Apples ‘walled garden’ is the only platform with the potential to provide users a wholly unified computing experience, over any Apple device... a cut back version of Weiser’s vision perhaps.
You have to understand the context under which this was said. Back when Jobs said it _all_ of the PDAs on the market required a stylus to operate them. And they all sucked mightily. The task of operating a PDA (let alone typing) with _fingers_ was considered impossible. So Jobs had to persuade the public that this is a better way to go. And being a Master Persuader, he did. It wasn't a "blind spot" in any shape or form, it was weapons-grade persuasion.
Nobody wants a stylus to operate their phone or ipod or what have you.
Styluses were a product of limited technology in those specific devices. And even modern stylus implementations are lackluster IMO. I had a surface book for a while I used for note taking and I ultimately just replaced that method with recording audio and typing out highlights. Styluses are good for very specific tasks such as literally drawing on a computer or precisely manipulating 3d objects since they can be much more pleasant than a mouse for that task, but for general interactions? No way, styluses are awful. And they can be lost/broken.
So I don't see how this was a blindspot for Jobs. He clearly wanted to create stuff that was the computer equivalent of high fashion with mass appeal, not niche hardware.
There are quite a few non-legacy bank accounts that you can apply for a company account with in a very painless manner. Monzo, Starling and Tide spring to mind. I use Monzo as part of their business banking trial, but I previously have used Tide and (unfortunately) RBS.
Most company formation agents offer a free "bank introduction service". I have no idea how the logistics work, but I was able to open an account with Santander in a matter of minutes.
