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Title: The alternative outcome Post by: adpinbr on November 03, 2014, 09:49:02 PM Common wisdom, and logic for that matter, dictate that the hardware world will continually be consolidated into a few large players (Apple, Google, Samsung). We see this in the Apple vs Android wars.
But if you think about it, thats kind of like saying that there will only be a few websites on the internet, or only a few newspapers in circulation. As the cost of production goes down, competition increases, and although large players will maintain their dominance for sometime, their market share will be cannibalized by young, innovative, hungry startups. I think that as costs continue to go down, you will see the hardware market becoming more competitive rather than becoming more consolidated, Bitcoin can act as a "lowest common denominator" for these start ups that dont have access to a decent payment system, or who are uninterested in maintaining the status quo Will.i.am is launching his own smart watch, the puls, by the end of the year. A lot of small start ups will be taking on the big guys, and they all need a payment system... P.S. FirstBits would be great for these new wearable devices Title: Re: The alternative outcome Post by: brian_23452 on November 03, 2014, 11:36:43 PM Common wisdom, and logic for that matter, dictate that the hardware world will continually be consolidated into a few large players (Apple, Google, Samsung). We see this in the Apple vs Android wars. But if you think about it, thats kind of like saying that there will only be a few websites on the internet, or only a few newspapers in circulation. As the cost of production goes down, competition increases, and although large players will maintain their dominance for sometime, their market share will be cannibalized by young, innovative, hungry startups. I think that as costs continue to go down, you will see the hardware market becoming more competitive rather than becoming more consolidated, Bitcoin can act as a "lowest common denominator" for these start ups that dont have access to a decent payment system, or who are uninterested in maintaining the status quo Will.i.am is launching his own smart watch, the puls, by the end of the year. A lot of small start ups will be taking on the big guys, and they all need a payment system... P.S. FirstBits would be great for these new wearable devices I think your comparison is fatally flawed. You are attempted to compare a business that requires a huge amount of capital to start, like a device manufacturer, with a webpage that requires virtually none (anyone can make a webpage, not everyone can start a mobile device manufacturing company). Title: Re: The alternative outcome Post by: Vod on November 03, 2014, 11:50:09 PM Common wisdom, and logic for that matter, dictate that the hardware world will continually be consolidated into a few large players (Apple, Google, Samsung). We see this in the Apple vs Android wars. But if you think about it, thats kind of like saying that there will only be a few websites on the internet, or only a few newspapers in circulation. Newspapers are a bad analogy to make your point. Newspapers all over the world are closing down due to the internet. Title: Re: The alternative outcome Post by: misterpressman on November 04, 2014, 05:34:15 AM Common wisdom, and logic for that matter, dictate that the hardware world will continually be consolidated into a few large players (Apple, Google, Samsung). We see this in the Apple vs Android wars. But if you think about it, thats kind of like saying that there will only be a few websites on the internet, or only a few newspapers in circulation. Newspapers are a bad analogy to make your point. Newspapers all over the world are closing down due to the internet. I hope they do. Newspaper is a biased source of news. Title: Re: The alternative outcome Post by: Vod on November 04, 2014, 05:51:09 AM Common wisdom, and logic for that matter, dictate that the hardware world will continually be consolidated into a few large players (Apple, Google, Samsung). We see this in the Apple vs Android wars. But if you think about it, thats kind of like saying that there will only be a few websites on the internet, or only a few newspapers in circulation. Newspapers are a bad analogy to make your point. Newspapers all over the world are closing down due to the internet. I hope they do. Newspaper is a biased source of news. Newspaper is a medium. You can get a biased source of news from anywhere. |