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Where is the original analysis here? I read this carefully, but couldn't find any.
by wyclif 13y ago
Where is the original analysis here? I read this carefully, but couldn't find any.
- rdl 13y agoThe original analysis [1] is that there's a disconnect between what people want (bite size) and what they have to pay for (big chunks, often recurring). Disconnect means opportunity if you can somehow bring the sides together. One way he mentioned is In-App Purchasing -- obviously huge, even with the 30% cut, and probably increasingly so for non-trivial game items, too. I don't really buy that Bitcoin as it is today is going to work, at least within the US, as a way to bridge the gap, but other cryptocurrencies might, and bitcoin DOES work well for p2p international. The thing to look for is other ways to bridge the gap. [1] Well, not totally original, but having the smartest partner at the top VC fund mention it implies it has become pretty widely accepted, and is safe to base your business on -- I mean, everyone in tech seems to agree immigrant entrepreneurs should be able to come here, but having people in positions of power say it does validate..