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Good point. I think the market will always decide which media consumption method it wants to use depending on how frictionless the experience is. In the case
by timdaub 12y ago
Good point.
I think the market will always decide which media consumption method it wants to use depending on how frictionless the experience is.
In the case of Bittorrent, as a mainstream consumer you'd have to know what program to download, where to find a torrent file yada, yada yada, while on Netflix you can just enter your credit card information and watch as many movies as you like.
I think recently, Facebook also realized this, which is why they are currently aiming towards bringing a great search engine to their customers.
Once that is in place sufficiently, homepages for small businesses will become obsolete, as people rather search for a company/product on Facebook than on the internet as it is a much easier to do.
This same principle again will probably apply to Bitcoin and digital payments in general.
Right now, Apple is doing a great job reducing friction in payments, at least for mainstream consumers.
- cubano 12y ago> Once that is in place sufficiently, homepages for small businesses will become obsolete, as people rather search for a company/product on Facebook than on the internet as it is a much easier to do. While this may or may not be true, am I the only one who is slightly frightened by the ramifications of this? Facebook is fine, for what it is, but the idea that it could soon become a proxy for the WWW isn't my idea of optimum.
- celticninja 12y agoIt will become a proxy only for those people who allow it to. Which in general will be the older and less technically able generation who barely use the Internet other than to Facebook anyway. It certainly isn't going to replace Google and as usual with social media sites the kids will be looking to get away from the sites their parents use.