The point of it all

5 mINUTE READ

Sunday Scoop

The Point of it All

CT

👋Howdy

Oh man... This is going to be Longg hot Take, let's talk about it

Over the last 15 years, since the launch of Bitcoin to be precise, something magical happened. It is the same thing that happens to everything on the Internet.

Professionalization and institutionalism give way to hobbysm. The esteemed craftsman, decorated with a black suit and tie or other fancy dress, educated at Harvard, Caltech, Stanford and ALU seated in a glass tower on the top floor were replaced with the teenage hacker, genius, and a narcist in one.

Wait, wait this isn't about hackers and geeks. It's about finance in Tech [FinTech].

Speaking of Finance, Finance is serious business, right?

Of course, since it determines people’s livelihoods! Access to bank accounts can determine the trajectory of a person’s financial health and the health of an entire economy.

Money is important, stately, and should be respected.

Of course, because it makes the world go around! Money is the accurate accounting of labor and intermediates the exchange of goods and services. It is the glue holding society together, enforcing the social contract between the government and the governed.

But maybe? Maybe it’s all just fake, and a collective hallucination that we decide to treat however we all want — with reverence, with laughter, with violence, or with disrespect.

Long story short: Bitcoin is now 90,763,175.79RWF

I hate this Ponzi schemes I don't understand well, things like bitcoin, blockchain, tokens, etc. I do get that bitcoin is just laptops on laptops on a network... Don't even get me started on Mining and P2P Networks. But if you're curious let me know if i should make a full on article about it this video will help you get where am coming from but aight.

Now to close it off, some numbers:

Videos trajectory for the past 19 years.

Quick did you know fact: According to a recent research paper, there are nearly 10 billion videos on YouTube today.

Last Now, Finance. For this dear reader, this is a humble personal newsletter, not just an epic philosophical treatise. Since we are now in the era of user-generated finance, what is our atomic unit of value?

Some numbers:

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