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This makes me think of what Fred Wilsion was talking about here with Monopolies(traditional fiat e.g. USD,EUR,CNY,AUD,JPY) vs. Startups(cryptographic,e.g. Bitco
by cinquemb 14y ago
This makes me think of what Fred Wilsion was talking about here with Monopolies(traditional fiat e.g. USD,EUR,CNY,AUD,JPY) vs. Startups(cryptographic,e.g. Bitcoin): http://www.avc.com/a_vc/2013/04/monopolies-and-startups.html http://www.avc.com/a_vc/2013/04/monopolies-and-startups.html
"Monopolies aren't great for society. So we have trust busters in government whose job it is to keep the monopolies in check. But they don't do that so well. And our government is pretty good at handing monopolies out. Just look at the cable industry.
A few entrepreneurs in a garage. Or a few hackers on the Internet. They are the best trust busters of them all. Look what open source Linux did to Microsoft (funny that Microsoft contributed m̶o̶s̶t̶ a significant amount of lines of code to the Linux kernel starting in 2009; EDIT: http://arstechnica.com/business/2012/04/linux-kernel-in-2011-15-million-total-lines-of-code-and-microsoft-is-a-top-contributor/ http://arstechnica.com/business/2012/04/linux-kernel-in-2011...). They put a dent in a machine that the government could not. And look at what Lyft, Sidecar, and Uber did to the medallion owners in San Franscisco. They got cabs on the streets when the government could not.
Never doubt that a small startup can take on a huge monopoly. Indeed, it is the only thing that can."
- yoasif_ 14y ago"(funny that Microsoft contributed most lines of code to the Linux kernal)" is not quoted in the source material and isn't true. Please provide some proof for this claim.
- gjulianm 14y agoIt provided a lot of lines of code, and it was the main contributor one year IIRC. But most of that was Hyper-V related code, to make Linux work better as a virtual machine guest over Windows.
- cinquemb 14y agothis is the internet right? http://arstechnica.com/business/2012/04/linux-kernel-in-2011-15-million-total-lines-of-code-and-microsoft-is-a-top-contributor/ http://arstechnica.com/business/2012/04/linux-kernel-in-2011...
- fnordfnordfnord 14y ago>A new addition to the list of top contributors this year was Microsoft. The Redmond giant was the 17th most prolific corporate contributor to the Linux kernel in 2011. The company first began contributing code to Linux in 2009 when it submitted patches to improve the performance of running virtualized Linux guest instances on Windows servers. That's not nearly the same as "Microsoft contributed most lines of code to the Linux kernal"
- beambot 14y ago"17th most prolific corporate contributor" != most lines.
- deleted 14y ago[deleted]
- cinquemb 14y agothank you everyone for pointing out the err in my tidbit that i added and corrected… care to add something to the discussion on the subject matter that was not included in parenthesis, or is this err something thats so egregious that it takes away from main topic? its like people feeling the need to correct grammar on the internet: most of the time they have nothing else to add to the discusion…