I think we need to do more to train techies and entrepreneurs to understand the basics of how markets work.
Some things are fundamental and principles travel well.
AOS Innovation Series
Establishing new beacheads
I believe that the African opportunity is not in Africa. It is more about what Africa can do for the world and not what the world or Africans can sell to Africa.
Don’t build for Africa
Victor Asemota
2.1K20
Very true. When we flip the script new opportunities become apparent. Limited perspective and mindsets are a big barrier.
When we begin to value what we as Africans can uniquely contribute we will realize that we have global products just waiting to be unleashed.
Ethereum could crowdfund a $3bn feature bounty by inflating the number of ETH by 10% and pay the newly created tokens to the creator(s) of the upgrade.
Funding the Evolution of Blockchains
Fred Ehrsam
7.8K48
Certainly a path to incentivizing behavior you want from rational actors. If the incentive is big enough the market is competitive, value gets bid down to equilibrium. Good for all involved.
Also allows the upside to get spread amongst a much bigger community which leads to less asset concentration.
AOS Innovation Series
Opinion pieces on Payments, Fintech, Blockchain, and its impact on underserved markets
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