PODCAST · business
Pointbite.com - Technology & Economics
by Sharif Aly
Short commentaries about hot topics in technology and business.
Episodes
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What does success look like for crypto?
What does success look like for crypto?
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I challenge crypto supporters
I challenge crypto supporters
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Where do crypto profits come from?
Where do crypto profits come from?
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Web3 is stupid
In order to keep a network that is 10 times larger profitable for its owners, customers would need to pay 10 times as much to use it. Unless you think splitting equipment and facilities across many different parties make their costs 10 times lower. It really should be obvious to everyone that...
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NFT’s are stupid
NFT’s really are just as dumb as you think they are. Non fungible tokens are links to some resource, usually an image hosted somewhere else, that is assigned to a wallet. There is only 1 such token and it can only be assigned to 1 wallet, technically, but not really.
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Can you trust stablecoins?
The purpose of a stable coin is to track the price of some other asset, most commonly, the US dollar. They are crypto currencies just like any other crypto currency, but the central authority that issues them explicitly and deliberately manipulates the market to maintain a desired price. Most...
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Utility tokens are not investments
I often describe crypto tokens as gift certificates, and utility tokens are the best example of why. You’re basically buying the right to consume a service. In the context of software, it’s basically like buying a license. If you stop here and don’t go any deeper, this all looks pretty good. But…
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Does Bitcoin help developing countries?
Since El Salvador adopted Bitcoin as legal tender: their bonds have declined in value, their credit has been downgraded, who knows how much money was stolen from Chivo wallets, their stylish backwards hat wearing President has lost money “buying the dip”. So the big question everybody keeps…
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Building a real company vs. Building a crypto company
If you’re at a poker table and you don’t know who the sucker is, it’s you. Always remember, the only thing that matters is customers using products. And if people are getting rich without building a product that “delights” their customers, they are probably running a scam.
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The Metaverse doesn’t need Blockchain
What we are seeing is two technologies trying to merge hype cycles to maximize their pumps. Remember, blockchains are just inefficient databases that aren’t owned by a single entity. For an end user, whether you’re in an immersive virtual world or not, if a service you are using is implemented…
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Crypto tokens are not like stocks
Many people struggle to see the difference between tokens and stocks because the only property of stocks they understand is their ability to be traded. But, apples and oranges are not the same even though they are both edible.
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Blockchain is secure and revolutionary technology
Blockchains can do some exceptional things unheard of just a few years ago, but the solutions they offer today are often just clunky, slow and unnecessarily complex distributed versions of things that already work quite well.
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Bitcoin will replace banks
Who wants to store their life savings on a phone? Ultimately, everyone who has a non-trivial amount of bitcoin will need to trust someone somewhere to guard their wealth, re-creating the bank. So much for de-centralization.
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Bitcoin is a good investment
Investments should create value. They should fund inventions, creations, discoveries or contribute something meaningful to humanity.
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Bitcoin is money
Yes it's true, money is just a social contract. Money is whatever we agree should be used to facilitate trade, but does that apply to Bitcoin?
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Rules of Engagement
I will be posting a series of podcasts describing the reason I believe Bitcoin is more hype than reality. In order for this exchange of ideas to be fruitful, we need to set a very important ground rule — no debate can succeed if the participants are incapable of separating what they “wish” from...
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Frequently Asked Questions
How many episodes does Pointbite.com - Technology & Economics have?
Pointbite.com - Technology & Economics currently has 17 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Pointbite.com - Technology & Economics about?
Short commentaries about hot topics in technology and business.
How often does Pointbite.com - Technology & Economics release new episodes?
Pointbite.com - Technology & Economics has 17 episodes. Check the episode list to see recent publication dates and frequency.
Where can I listen to Pointbite.com - Technology & Economics?
You can listen to Pointbite.com - Technology & Economics on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts Pointbite.com - Technology & Economics?
Pointbite.com - Technology & Economics is created and hosted by Sharif Aly.
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